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.
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.
