The natural gas markets went back and forth during the day on Thursday, as the market continues to show quite a bit of volatility. Ultimately though, we
The natural gas markets went back and forth during the day on Thursday, as the market continues to show quite a bit of volatility. Ultimately though, we believe that this market will break down so we are simply selling short-term rallies as the market will offer time and time again an opportunity to profit. The longer-term downtrend is very strong overall, and therefore we believe that the downward pressure will make this market a profitable venture for those of you who are willing to look to short-term charts. Ultimately, we believe this market reaches down to the $2 level.
Natural Gas Forecast November 13, 2015, Technical Analysis
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.