Natural gas markets had another negative day on the Friday session, albeit in a fairly tight a small range. The trend has been decidedly bearish for quite some time now, and as a result – we have been selling pops and bounces. The $3.75 level is proving to be large support, so we aren’t keen to short at these levels or at least until the market closes below that level on a daily candle. Until then, we wait for a bounce, and sell it. The closer to $4 you can do it – the better.
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