Category: Forex News, News

Natural Gas Price Forecast – Natural Gas Continues to See Pressure

I took about a half off and now I’m still up a little bit, not overly concerned, this is something that I’m playing with no leverage, so it’s not a big deal if I’m down or percent in this position. It’s down 1% of like 3.5% of my portfolio. So again, not something to be overly concerned about. Natural gas is something that I swing trade.

I don’t want short term trade, although I’m the first to admit that a little bit of a bounce would make a certain amount of sense, but we just don’t have a catalyst. We have the CPI and the PPI numbers coming out over the next couple of days. So that could come into the picture. But really, at this point in time, I think the natural gas market is still going to suffer from the one massive problem it’s going to have, probably for years. It’s that natural gas is everywhere. It’s not rare. So, at this point in time, you know, I may add a little bit to a dip. But again, this is such a small part of my portfolio I really don’t care.

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