1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

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

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    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

    Continue reading...
     

Share This Page