Community discussions
Market Outlook: Natural Gas
Natural Gas prices are expected to experience a brief upward move following the EIA storage report, driven by short-term sentiment and news-related momentum. However, this uptick is likely to be limited, as broader market dynamics suggest selling pressure may soon resume.
Overall, we anticipate a potential decline of around 1.5% after the initial rally, as traders refocus on the persistent storage surplus and profit-taking activity increases.
Natural Gas prices are expected to experience a brief upward move following the EIA storage report, driven by short-term sentiment and news-related momentum. However, this uptick is likely to be limited, as broader market dynamics suggest selling pressure may soon resume.
Overall, we anticipate a potential decline of around 1.5% after the initial rally, as traders refocus on the persistent storage surplus and profit-taking activity increases.
NATURALGAS1: Well Monday it will come down..
because option number expiry traping
no momentum don't trading

