I observed last few weeks. When Thursday is down big, Friday is another down day for NG. I do not know if it is still the case tomorrow. If NFP is bad, NG perhaps will be sold off too.
LZ, WHEN THE NATURAL GAS WILL REBOUNCE, DON'T FORGET TO TELL US TO BUY UNG. I BELIEVE YOU ARE A TRUE GAS FUTURE TRADER.
THANK YOU FOR YOUR INPUT TO HT. GREAT JOB!
Although it is generally very difficult to predict daily moves, it is pretty surprising NG closed above 2.70. I thought it would just stop at 2.60. seems people are really getting the position out for holiday.
shorts still have the edge. It will probably consolidate for a couple more days and keep dropping way lower going forward.
MM horrified 普通青蛙 to let them sell their stock at bottom price, so MM can make big money. MM always repeat this trick again and again. such as USO 5 month ago and UNG now.