Natural Gas Long. Monday’s analysis, which reported of a potential rise in gas prices, seems to be correct. Given the potential that the market offers, CA analysts dare to publish another “Long” analysis. This step accumulates the analyzes.
The last inter-weekly natural gas reserves again showed a significant decline in strategic reservoirs. However, even at the expense of this fact, the market weakened senselessly. Now with the approaching “Last trading day” or rolling with CFDs traders, the price is holding lower levels. CA analysts approach an averaging strategy and try to obtain a more interesting entry price by publishing a new long analysis. Given the historical numbers and movements of the last 15 years, there is more than a 68% chance of a price increase this week. Historical correlations are given.
Chart and table source: WebTrader