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.
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.
