The natural gas weekly chart shows the long term trend line
support that was broken near the 4.000 level three weeks ago.
The market reached a 3.724 spot contract low before
reversing back to the current 3.940 level.
The rally higher now has the spot September 14 contact
retesting former trend line support but this time as resistance at the
4.050-4.080 area.
A close back above this trend line would be another signal
that a second and final seasonal low for 2014 has been set.
If trend line resistance holds, downside a retest of the
3.724 low could follow.
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