The natural gas markets rose after initially falling on Friday. The result is a hammer in the December contract. Based upon this, it looks as if we could
The natural gas markets rose after initially falling on Friday. The result is a hammer in the December contract. Based upon this, it looks as if we could see a bit of a bounce at this point in time, but the contract has consistently proved to “sell the rallies” type of market as the supply is simply too large for the demand. The upcoming bounce would be sold by us, especially if we stay under the all-important $4 mark.
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.
