Long-term trendlines are not compelling reasons to take a trade on their own, however, as participants begin to acknowledge them, the idea is more likely to gain traction as a socially constructed phenomenon.
In this case, Nat Gas has broken a technical trendline, that for many market participants is a *technical as an idea*.
In this case, Nat Gas has broken a technical trendline, that for many market participants is a *technical as an idea*.