Natural Gas Could Soon Fall Below $2

Natural gas looks doomed again. Poor old natty has spent the entire week declining from an already low level, and two things that happened during that drop suggest that it is far from over. At this point, a break of the psychologically important $2 level looks imminent and if that happens it will probably trigger even more selling as the last of the stubborn longs rush for the exit.The first of those things happened on Tuesday when the long-term chart for natural gas futures (NG) exhibited a well-known, ominous-sounding pattern…a death cross.…