Are Natural Gas Prices Going Lower?

17 Sep in Blog, dow jones futures, Michael Seery, nasdaq futures, S&P 500, Seery

Natural Gas Futures--- Natural gas futures are trading at 2.66 in the October contract in a very nonvolatile trading week as prices are stuck in an incredibly tight 4 week channel looking to breakout one direction and my feeling is to the downside and if prices break 2.63 I’m recommending a short position while placing your stop loss above the 10 day high at 2.80 risking $1,700 per contract plus slippage and commission.

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