Natural gas has only done this twice in the last decade, and it could mean more pain ahead, charts suggest

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Natural gas prices are making some unnatural moves.After a nearly 40% rally in the last month — an unusually outsized move for any commodity — the charts are now flashing warning signs, Miller Tabak's Matt Maley told CNBC's "Trading Nation" on Thursday.Natural gas prices fell by about 3.5% on Thursday after climbing nearly 4% in the previous session."Even though I'm bullish longer term, I just think the thing has become overbought," the firm's chief market strategist said.When natural gas prices spiked Wednesday, their relative strength index reached 80, a level that has "signaled near-term tops" throughout much of this year, Maley said.Zoom In IconArrows pointing outwards"On its weekly chart, it also got above 80, and that's the second highest, the second-most overbought it has been in a decade," Maley said.Zoom In IconArrows pointing outwards"This doesn't mean that the bull market is over for this commodity. I just think that when you get a weekly chart that's that overb
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