Natural Gas Futures: Extra gains on the cards
Considering advanced prints from CME Group for natural gas futures markets, open interest increased for the second session in a row on Monday, now by nearly 2K contracts. Volume followed suit and added around 72.6K contracts to the previous build.
Natural Gas ready for further upside
Prices of natural gas started the week with a gap higher past the $4.00 mark per MMBtu. The move was in tandem with rising open interest and volume, indicative that the continuation of the rebound appears likely in the very near term. While above the 200-day SMA at $4.030, the outlook for the commodity is seen as constructive.
Author

Pablo Piovano
FXStreet
Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.



















