Natural gas retained signs of strength on Wednesday as it traded in a relatively narrow range near the highs of Tuesday’s trading range. Tuesday’s close was above the downtrend line, and it looks like today may also close above the line. The high for the day was 2.93 and the low was 2.86, at the time of this writing. Another close above the line would provide an additional sign of strength. Also, of interest is the 2.92 interim swing high, which was Tuesday’s high. It was busted briefly today and a close above it would further confirm strength. {chart} This week’s bounce from the 2.76 swing low confirms the 20-Day MA ... (full story)