June 8, 2015
During mid May a bearish key reversal in natural gas preceded selling that took the market lower by almost 18%. Last week bearish fundamental news negated a bullish key reversal pattern on daily charts. In my latest piece for Seeking Alpha I look at open interest in the NYMEX futures market and opine that trading natural gas these days is like a game of musical chairs. When the music stops the longs and shorts run for the hills.
Article: Natural Gas – Never Take Anything For Granted
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