Natural Gas Futures: Limited room for extra decline – by pabspiovano Gas Commodities Energy OpenInterest Futures
Natural Gas appears supported near $7.50fully faded Wednesday’s intense advance on Thursday on the back of diminishing open interest and volume. Against that, the continuation of the leg lower appears unlikely in the very near term. In the meantime, the $7.50 mark per MMBtu remains a decent support for the time being.
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