By FXEmpire.com
Natural gas continued to climb on Monday as the short covering rally continued. However, this market has a definite downtrend to it, and the move is simply in our eyes a bounce from a massive fall. With this being said, there is still a downwards bias to the market and we will continue to trade it as such. We are going to wait for a weak candle at one of the “round numbers” such as $2.40, $2.60, etc. in order to sell. We will not be buying this market, and suggest that this will simply allow us to sell from higher prices.
Click here for updated Natural Gas News.
Originally posted here
