Natural gas markets fell again on Wednesday, not even giving us the bounce that we anticipated. The volume on Wednesday was strong, and this makes us
Natural gas markets fell again on Wednesday, not even giving us the bounce that we anticipated. The volume on Wednesday was strong, and this makes us think that the $3.75 level will eventually give way. The trend is down, so we cannot buy this market at all. The selling of this market can be done sub-$3.75, or on a bounce that fails again. There are no other ways to play this market safely.
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.
