Natural gas on the Nymex had a negative week before closing 10% lower than the previous one at $3.07. EIA reported on Thursday a bullish, nonetheless, draw of 321 Bcf in working underground stocks for the week ended January 24. Total inventory is currently at 2,571 Bcf, 5.3% lower y/y, 4.1% below the 5-year average.We have already taken more than 30% in live trading in the past couple of months as we have been selling any rally on exhaustion that keeps coming in our way. We now want to let the market breathe as it went down too quickly. The direction remains for a fair $2.50 level late in the coming spring, and we want to continue to sell rallies on the near-term charts. The same ranges will give multiple times the profit. Are we going to see more of the $1 contracts soon? I believe so, but we are going to take one range at a time, respecting the support levels ahead of us in the continuation of this post-winter downtrend. The $2.90 level will look strong for another month.The new president of the United States is in a complete quandary as he tries to find a balance now between his unworkable campaign promises and the real field on which to operate in the energy sector. His financiers from the fossil fuel industry are the first to want a more competitive oil and gas policy. At the same time that, their companies want to continue the path to the energy transition. So the president’s maximalist ideas and decisions, testing renewable energy sources, are first and foremost detrimental to national security. U.S. macro data and the dollar against majors have to be monitored routinely. Daily, 4hour, 15min MACD and RSI are pointing to entry areas. 
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