By FX Empire.com
Natural gas markets bounced during the Thursday session, as traders sold off most commodity markets. The pair is in a massive bear market at the moment, so we look at these bounces as simply invitations to sell from higher levels. We won’t buy, but would be very interested in selling from the higher levels this bounce should bring. The $3.75 level is without a doubt our perfect spot, but we do not know if it will reach that area. However, we are willing to sit on our hands until we get a selling signal at a higher level. The trend is so strong that we have full confidence in selling rallies at this point.
Originally posted here
