NATURAL GAS FUTURES: DWINDLING BETS FOR FURTHER GAINS

avatar
· 閱讀量 40



CME Group’s flash data for natural gas futures markets noted traders trimmed their open interest positions by nearly 2K contracts on Monday after four consecutive daily builds. Volume followed suit and went down by around 75.4K contracts, partially reversing the previous daily advance.


Natural Gas remains stuck within the range bound theme

Prices of the natural gas rose for the second session in a row on Monday. The improvement in the price action came amidst diminishing open interest and volume and is indicative that extra gains lack conviction for the time being. So far, the commodity’s upside remains capped by the $2.50 region per MMBtu.

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest