Hi Trades,
Thanks !!!
Not sure I'm completely with you on some of this ???
Is your main point to show that there are major impediments to price getting back to the 50ema ????

You use the term "A ton of resistance at ....." how do you estimate the amount of resistance that has to be overcome at the various levels ???

Not sure how the following "ties together" ???? Esp. the last sentence ??
"Needs to build a base for starters. That in itself takes time. Unless something right out of the "blue" appears and creates a spike low."

Thanks, Lee

Your comments below for reference:

Here is the June Nat Gas contract. Probably best to watch it. Haven't built the Handbasket yet. But same thing of course with the support and resistance levels marked with dotted horizontal lines. A ton of resistance at 2.40 to 2.50 and even more after all the way to 3.05. And then that's the major long term downtrendline. Lots of work to do for NG. Needs to build a base for starters. That in itself takes time. Unless something right out of the "blue" appears and creates a spike low. So far nothing
to suggest that scenario....