Natural Gas trying to stop the falling knife (October 13, 2022)

Natural Gas is clearly weak. A double top was made at $10. The total capitulation would be in the $5 area but we are not there. Trying to call a bottom here is like catching a falling knife.

However, the double support, one horizontal from last year and one ascending from this year may help this market rebound

Watch my short video below!

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!