Global Natural Gas Market: Balancing Breakouts, Production Weights, and Bullish Signals

Natural gas triggers a breakout above last week's high, indicating potential strength, but a retracement into last week's range is likely before a continuation higher. The downtrend remains intact, marked by the declining internal trendline and 20-Day MA. A test of resistance at 2.88 is anticipated, which could provide a significant level for the market.