Natural gas markets had a very bearish day on Tuesday as the doji we talked about on Monday broke to the downside, and the move only confirms the weakness
Natural gas markets had a very bearish day on Tuesday as the doji we talked about on Monday broke to the downside, and the move only confirms the weakness in this market as every time the market rallies – it only fails in the end. Because of this, we still prefer selling on the rallies, and of course new lows. There is absolutely no reason to be long of natural gas at this point in time.
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.
