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Natural Gas Forecast November 13, 2015, Technical Analysis

By:
Christopher Lewis
Updated: Nov 13, 2015, 05:34 UTC

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

Natural Gas Forecast November 13, 2015, Technical Analysis

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
Natural Gas Forecast November 13, 2015, Technical Analysis

About the Author

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.

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