Will Natural Gas Be A Falling Knife Before Impending Inventory?
Satendra Singh | Jan 17, 2018 07:51AM ET
On analysis of the movement of Natural Gas futures price in different time frames, I find the Natural Gas futures price seems to be going a falling knief even before the announcement of impending inventory on January 18th, 2018.
Bears look too agressive to move downward in expectation of a much lesser withdrawal. Secondly, they are feeling too strong due to NYMEX price level of Natural Gas and shifting weather announcements.
Disclaimer : This analysis is not a trading advice. Take a position at your own risk.
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