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.
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.