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Natural Gas Probably Gaps Up Sunday Night
12-18-2016, 03:41 PM,
#1
Natural Gas Probably Gaps Up Sunday Night
Natural Gas Probably Gaps Up Sunday Night

<p>By <a href="http://www.econmatters.com/search/label/EconMatters"><span style="text-decoration: underline;"><span style="color: #0066cc;">EconMatters</span></span></a> </p>
<p><em><br /></em> </p>
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<p> We discuss the cold weather hitting the country to start the week, discuss the natural gas market in depth from a trading standpoint, looking at the fundamentals, technicals, and psychological trading drivers of the commodity in this video. </p>
<p> Do we get the back to back brutal winter snowstorms this January? This is the big determining factor regarding potential upside past $4/MMBtu, but we could move anywhere depending upon either 6 brutal comprehensive snowstorms in a row hitting the Midwest and East Coasts simultaneously without pause and $6 natural gas is in the cards, or warm weather spurts between snowstorms that take the momentum out of the sails of the market. </p>
<p> This is why it is always best not to top tick markets by buying into strength unless you have a definite catalyst that will only strengthen or continue to propel the trade, because remember you need somebody to buy or sell after you enter a position to make money in the market depending upon the direction you entered a given market. </p>
<p> Always beware of buy the rumor, and sell the news price action, it makes fools of many a trader in historical reference. Ask yourself how could I be wrong in this position, with natural gas how much supply can come online this year and within what timeframe to meet higher prices and demand?</p>
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