The natural gas market now enters into a 9th week of sideways trade with spot prices alternating between 3.724 weekly low support and 4.000-4.100 as resistance.
Seasonally, this is the time of year the market typically sets a second and final low for the year.
A breakout by the spot contract, currently October 14, above 4.100 resistance is needed to turn the longer term market trend back up.
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