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.
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.
