Natural Gas Prices Appear to be Poised for a Sharp Decline

Technical Analysis are pointing to a sharp decline in December Natural Gas. We can always depend upon the Commodities Market to have it's up and downs. Natural Gas has been in a consolation pattern for the last several weeks but it appears to be setting it's self up for a breakout to the downside. You can see from the chart below the latter part of October has been a great time to liquidate long positions in Natural Gas.