Corona Virus
Stay Safe, FollowGuidance
Fetching Location Data…
Christopher Lewis
Natural gas daily chart, September 10, 2019

Natural gas markets rallied a bit during the trading session on Monday, reaching towards the 200 day EMA. By doing so, it shows that the market is reaching a crucial point as the 200 day EMA is quite often used as a longer-term moving average to determine trend. If that is the case, then a longer-term trader is going to stand up and take notice at this point. Ultimately, we could be witnessing the beginning of the “Winter pop”, but I think it’s still a little bit early for that to happen. With that being the case, it’s very likely that we are going to continue to see a bouts of volatility, so be cautious. I think at this point what we are going to see is a pullback and then eventually a rally that last into the cold months.

NATGAS Video 10.09.19

All things being equal I think that the market will ultimately try to turn around for the cold weather, but I also recognize that the overhead resistance will be massive. With that being the case I think that we are likely to see a lot of choppy trading, which is quite typical at the end of a downtrend. This will kick off a significant move to the upside for the short term, but keep in mind sometime around January we start to focus on the Spring contracts again, and then this think will collapse. Long-term is still bleak for natural gas but we always have that busy season when it gets cold in the United States and Europe. With that being the case I suspect we are about to start trading for it.

Know where Natural Gas is headed? Take advantage now with 

75% of retail CFD investors lose money

Please let us know what you think in the comments below

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker

  • Your capital is at risk
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.