- Analytics
- News and Tools
- Market News
- Natural Gas Futures: Extra range bound on the cards
Natural Gas Futures: Extra range bound on the cards
Considering advanced prints from CME Group for natural gas futures markets, open interest shrank for the second session in a row on Monday, this time by around 2.2K contracts. In the opposite direction, volume resumed the upside ad went up by around 28.5K contracts.
Natural Gas remains capped by $5.00
Prices of natural gas charted an inconclusive session after faltering once again at the $5.00 area on Monday. The move was in tandem with shrinking open interest and higher volume, opening the door to further side-line trading in the very near term and with the $5.00 mark per MMBtu still limiting the upside.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
