ccording to preliminary readings from CME Group. Volume, too, added to the previous daily build and went up by around 56.3K contracts.natural gas
, which put the key $2.00 mark per MMBtu to the test for the first time since September 2020 on Tuesday. The downtick was on the back of rising open interest and volume and still underpins the idea of further weakness in the near term. Against that, the September 2020 low near $1.80 now emerges as the next support of relevance.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.