Is Natural Gas Experiencing a Capitulation Low?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Nearby Natural Gas has been in what looks like a free-fall capitulation for the last four sessions, and, in fact, has plunged to test its April 2012 low at 1.90 in overnight action prior to recovering to 2.07 in pre-market action. With the Nov contract expiring tomorrow afternoon, but considering the near $0.30 premium of the soon-to-be front-month December contract, it is very risky to enter long positions in Natural Gas at this time. Although the huge short position in Natural Gas is ripe

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