Natural gas continues to be a very weak market as traders simply cannot get this market to rise for any length of time. However, we have a gap from two
Natural gas continues to be a very weak market as traders simply cannot get this market to rise for any length of time. However, we have a gap from two days ago, and gaps due tend to get filled. Once this happens though, we think the bearish momentum will continue in this market as the demand cannot keep up with supply, even in the dead of winter in the northeastern United States. We are sellers of rallies at this point.
Natural Gas Forecast December 14, 2011, Technical Analysis
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
