Clive Lambert is tracking Natural Gas August 2014 contract. He warns traders that this is an extremely volatile commodity but has spotted a topping pattern over the last three or four months. The August 2014 contract topped out at 4.89 USD per million British thermal units (MMBtu) in February and then has made gains to that level twice since, the last time in June. The support level at around 4.3 USD broke two days ago with a Triple Top showing on the chart. Clive expects to see weakness down to 3.7 USD and is looking to sell rallies back down to 4.3 USD.

Target: 3.7  

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