Natural Gas: Forget Inventory And Weather Conditions
Satendra Singh | Mar 20, 2021 11:18PM ET
Despite the lowest withdrawal levels, a strong reversal from the day's low on Mar. 18; looks evident enough for continuity of one more steep move on Mar. 19, 2021. I find that only a gap-up opening of natural gas futures above $2.665, on the first trading session of the upcoming week; could confirm the advent of the last stretch of winter that could still generate the last breakout move of this season.
Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as natural gas is one of the most liquid commodities of the world.
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