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Natural Gas Forecast December 19, 2011, Technical Analysis

By:
Christopher Lewis
Updated: Jan 1, 2011, 00:00 UTC

Friday saw the second quiet day in the natural gas pits in a row. The recent selloff has been brutal, and the market certainly needs to take a rest. With

Natural Gas Forecast December 19, 2011, Technical Analysis

Friday saw the second quiet day in the natural gas pits in a row. The recent selloff has been brutal, and the market certainly needs to take a rest. With the holidays quickly approaching, the volume will shrink, and the markets could be prone to sudden spikes. Knowing this, we are very keen to sell those spikes as the show signs of slowing down. Also, we like selling rallies in general.

Natural Gas Forecast December 19, 2011, Technical Analysis
Natural Gas Forecast December 19, 2011, Technical Analysis

About the Author

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.

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