Natural gas

Natural gas has been the most hated commodity during the last 18 months. Indeed, contrary to all other commodities, natural gas price has been in a downward trend since mid 2009.
Some signs that a bullish reversal might be on the cards can be seen on the charts below.

On the weekly chart, one can see that the down trend line was broken.

On the daily chart, since November 2010, the price has been making higher highs and higher lows.

 

Natural gas will be on my radar during the next few weeks to detect a confirmation of the bullish reversal.