The natural gas markets initially tried to rally during the course of the session on Friday but turned back around as we continue to see quite a bit of
The natural gas markets initially tried to rally during the course of the session on Friday but turned back around as we continue to see quite a bit of bearish pressure. By doing so, we should eventually try to break down and make a fresh, new low, but having said that we could get quite a bit of volatility in the meantime. Regardless though, the only thing we can do is sell and certainly have noticed whatsoever in buying this market. Ultimately, this market should finally break down below the $1.90 level.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
