Natural Gas Weekly Technical Outlook

The strong rebound in natural gas suggests that pull back from 3.366 is already finished at 2.546, ahead of 50% retracement of 1.611 to 3.366 at 2.489 as expected. Further rise should now be seen back to retest 3.366 resistance. Break will confirm resumption of whole rise form 1.611. Nonetheless, rejection fro 3.366 will bring another leg to extend the consolidation pattern.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/technical/natural-gas-weekly-technical-outlook-2016112733893/