Natural Gas U.S. Futures ($6.65)

As I see it, natural gas is hanging on to support by its teeth in the $6.65 area while we build the short term base I referred to in an earlier comment.

I'm surprised at the failure to rebuild short term price momentum here, and so I have to caution that the possibility of a break below short term support in the $6.65 area cannot be totally ruled out. Unlikely but not impossible.

Intermediate and long term in deep oversold territory with first evidence of a possible low showing up in the intermediate term momentum math model.