The natural gas markets bounced during the course of the week, but as you can see found plenty of support to turn this market back around. Because of
The natural gas markets bounced during the course of the week, but as you can see found plenty of support to turn this market back around. Because of this, the market looks as if it is ready to go a little bit higher from here, but ultimately we think that selling is the only thing you can do. If we see a resistive candle though, that is more than enough of a reason to start shorting this market yet again. Ultimately, we believe that this market reaches down to the $2.00 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.
