The natural gas markets gapped lower at the open on Monday, and then continued to fall significantly during the course of the week. We believe that the
The natural gas markets gapped lower at the open on Monday, and then continued to fall significantly during the course of the week. We believe that the market is going to try to test the lows again, which is somewhere near the $2.60 level, so short-term we should see this market fall. However, we do not know whether or not this market is going to be able to break down quite yet, so a bounce is very likely. This is not really a long-term market to be involved in oh, we believe that short-term traders will continue to push this thing around.
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.
