So here is July Nat Gas. Nothing has changed much. Lower technicals are a mess with the multi month channel NG has been trading in see sawing sideways in a choppy manner. The falling 50ema is still below the falling 200ema which is saying it's still a bear. The channel can be traded from 4 to 5 I guess if that's possible to do successfully. Not much of a range for that either. Until price breaks out over 5.00 or below 4.00 it's just base building before a breakout above at best or consolidating before a breakdown below at worst. Nothing to jump up and down about until one or the other occurs. I guess a person could be selling Option Strangles meanwhile and collecting premium. Seasonals which haven't helped this oversupplied commodity at all but are bullish somewhat from mid May to mid June. Bottom line: Watch for 5.00 to breakout or 4.00 to breakdown for a trade. Meanwhile the "BOOGEYMAN" is keeping a lid on things like it likes to do.