By FX Empire.com
Natural gas markets continue the dive over the past week as the supply simply overwhelms any demand that is out there. The market looks oversold at this point, and we are expecting a short-covering rally in the near future. The colder weather coming to the US northeast may be the excuse to start collecting profits for the bears. None the less, we are not willing to buy, and would much rather sell form higher levels – especially the $3.75 area if we can get there.
Originally posted here