Natural Gas Futures: Further downside on the cards
Open interest in natural gas futures markets increased for the third session in a row on Monday according to advanced prints from CME Group. Volume followed suit and rose by around 5.5K contracts.
Natural Gas could revisit the 200-day SMA
Prices of natural gas extended the downside at the beginning of the week amidst increasing open interest and volume, refocusing the attention to the 200-day SMA around $4.30 per MMBtu as the next target of note in case the downtrend accelerates.
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.



















