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.
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.
