Natural gas markets had a rare strong day on Monday as traders played a bit of a bounce. The $4 level overhead still looks very resistive at this point, so the pop in price is more of an opportunity to sell at this point than buy. The fundamentals for the natural gas markets are simply too poor to believe in the long-term bullish scenario. We are sellers of rallies, and especially so when we get close to the $4 – $4.10 area.
The FX Empire:
Dedicated to delivering the very best to its readers, FXEmpire.com stands committed to its reader. As such, everyday, we provide the highest quality, most timely and most actionable technical and fundamental analyses and news. Those and our broker reviews mean that we arm our readers, empowering them to make, for themselves, the best financial decisions.
Check out the latest Brokers Reviews by FX Empire: MIG Bank Review, Nord FX Review, Oanda Review.
Get your forex bonus here!
