Natural gas futures took a significant hit this week, sliding $0.13 to close at $3.98 for the period ending December 19. That's a sharp 32% drop from the $4.11 starting point.
What caught traders' attention: the 12-month spread is painting a rather weak picture heading into Monday's session. The upward pressure looks subdued, suggesting the near-term momentum isn't particularly bullish right now. With energy commodities volatile as ever, this price action deserves attention from anyone tracking the natural gas and broader energy sector.
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BearMarketSurvivor
· 6h ago
Once again, the supply line has been cut off. Natural gas has fallen from 4.11 to 3.98, what does this indicate? It indicates that the go long position has lost ground. A 32% drop looks frightening, but what concerns me more is that 12-month price difference - it's weak as hell, and that's the real danger signal. There is no momentum in the short term, and no support in the medium term; at this time, greed is just asking for death.
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BearMarketSurvivor
· 13h ago
Fell again? Natural gas dumped directly this week, can't even hold at $3.98...
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ZKProofEnthusiast
· 13h ago
Natural gas is falling again, haven't been optimistic about it this week... 32% is a bit outrageous, are the short positions celebrating?
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SnapshotBot
· 13h ago
Natural gas is falling again, and this drop is quite painful... I can't see any opportunities in the short term.
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SigmaValidator
· 13h ago
Natural gas is disappointing again, this wave of fall looks really weak, it feels like it still needs to continue to drop.
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GateUser-1a2ed0b9
· 13h ago
Natural gas has fallen again? This drop really hurts a bit, I feel like it will continue to fluctuate in the future...
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ProofOfNothing
· 14h ago
Natural gas is acting up again... The price is falling quite hard, and it feels like it will continue to be under pressure in the future.
Natural gas futures took a significant hit this week, sliding $0.13 to close at $3.98 for the period ending December 19. That's a sharp 32% drop from the $4.11 starting point.
What caught traders' attention: the 12-month spread is painting a rather weak picture heading into Monday's session. The upward pressure looks subdued, suggesting the near-term momentum isn't particularly bullish right now. With energy commodities volatile as ever, this price action deserves attention from anyone tracking the natural gas and broader energy sector.