Natural Gas Daily Forecast and Technical Analysis July 05, 2024, by Chris Lewis for FX Empire
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- Опубликовано: 4 июл 2024
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The natural gas market bounced slightly in the early hours of Friday, but it has fallen so much that the market was going to bounce sooner or later. At this point, the market is probably going to continue to see a lot of selling pressure just above.
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4.o by the end of the year
The heatwave is ongoing! In fact it’s even hotter now than it was in May and June which explains why the recent injection was only 31bcf while the ones in May and June were 70-90 bcf. There is no reason for this sell off when national demand is still very high according to Natgas weather. Why does everyone keep saying the heatwave has come and gone to justify this sell off when you know that is complete BS. Why can’t you just be honest and say sometimes Natgas just does what she wants without any explanation?