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.
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.
