Natural gas markets had a wild swing in both directions during the Thursday session as it was reported that there was a larger build in the inventory
Natural gas markets had a wild swing in both directions during the Thursday session as it was reported that there was a larger build in the inventory numbers in America than previously expected. The market continues to look weak, and the trend is still massively to the downside at this point in time. We are selling rallies, and see the $3.75 level as the biggest hurdle for shorts now, but cannot buy. We like selling the rallies based upon weakness below $4, and on shorter time frames at this time.
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.
