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It’s been a rough go for Natural Gas prices.
Even with elevated inflation numbers, Natural Gas is still in crash mode.
“The facts, Ma’am. Just the facts.” – Joe Friday
Today’s Natural Gas chart highlights the crash in Natural Gas prices. Natty has fallen nearly 50 percent in just 25 days!!
That is the 2nd largest 25-day decline in Natural Gas history.
And it is currently testing important lows, a support area that dates back 25-years (1999) at (1).
In my humble opinion, this is a critically important support test following a rare decline. Will Natural Gas bulls show up here?
(Click on image to enlarge)
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