The price of Natgas has had a tough time of it since peaking in November of last year as it has since fallen a smidge under 50%. Looking at its chart, it becomes immediately noticeable that it has just reached a very important past level of support. Other than the one time in 2015 when the price pushed lower, this $2.5 area has been a zone of strong support as its price has rebounded each of the past 7 times it has been tested.
