The natural gas markets fell during the course of the day on Monday, slicing through the bottom of the hammer that had formed on Friday. The shows just
The natural gas markets fell during the course of the day on Monday, slicing through the bottom of the hammer that had formed on Friday. The shows just how much weakness there is in the natural gas markets, and with that it’s only a matter of time before we break down every time we rally. We look at short-term rallies as selling opportunities but recognize that the markets may have to grind around the general vicinity for a while. Because of this, we only stick to short-term selling opportunities, as the volatility will probably increase.
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.