In the last week we got as many as 120,090 new short contracts opened for the natural gas and 37,053 new long contracts opened for this commodity.This means we got more 3 times new short contracts than new long contracts for this commodity and this is bearish.As a result of this we expect price of natural gas to drop soon.Check my energy2015 charts on my free website http://futuresandoptions.wix.com/cotswingcharts
No comments:
Post a Comment