The natural gas markets went back and forth wildly during the week, hovering around the $4.00 level. This market looks as if it is going to be very
The natural gas markets went back and forth wildly during the week, hovering around the $4.00 level. This market looks as if it is going to be very volatile in this general vicinity, and as a result we feel that this market will continue to consolidate in a relatively short range. With that, it’s difficult to trade the natural gas markets for the longer term, and we will keep our trades to the shorter-term charts such as the daily, and under. Ultimately, we think that the market has found the range that it wants to be in for some time.
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.