"Unraveling the Natural Gas Downturn: Factors Behind the Plummeting Prices"
TL;DR Summary
The price of natural gas took a bearish turn, opening the week with a significant gap down and breaking through support levels, signaling downside pressure with a series of lower swing highs. The breakdown of a falling parallel channel and a bearish monthly breakdown further support the bearish view, as today's decline surpassed last month's low, indicating a potential shift in the market.
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