Natural Gas Futures: Corrective bounce in the offing? – by pabspiovano Gas Commodities Energy OpenInterest Futures
ound 13.1K contracts. Volume, instead, resumed the uptrend and rose by around 81.2K contracts, partially fading the previous drop.was on the back of declining open interest, which is supportive of a very near-term rebound. However, the strong build in volume does not discard further downside for the time being. Against that, the commodity could slip back further and challenge the July lows near $5.50 per MMBtu .
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