• Why Natural Gas Will Test it's March 2016 Low

    4 monthes ago - By ETF Daily News

    Expectations for a withdrawal of 118 bcf
    Natural gas continued to grind lower
    A blow-off low is necessary to bring volatility back and inject fear
    Natural gas continued its descent as the price moved below the $1.80 level over recent trading sessions. The price fell to its latest low of $1.753 per MMBtu on the active month March futures contract on February 11. The energy commodity attempted to consolidate between $1.80 and $1.90 since late January, but the overwhelmingly bearish sentiment in the market sent the price to a new low and the lowest price since March 2016. In 2016, the price...
    Read more ...