Natural Gas Prices Rebound, But Will It Last?
By:
DailyMarkets.com
Posted on May 02, 2012 at 09:43 AM EDT
Wednesday, May 2, 2012 Despite the rebound in Natural Gas futures this past week any significant rally attempts may run into strong headwinds from hedge selling as the market moves near chart resistance levels. Some traders who are expecting a continuation of the bear trend may wish to consider using the short-covering buying as a [...]
Wednesday, May 2, 2012
Despite the rebound in Natural Gas futures this past week any significant rally attempts may run into strong headwinds from hedge selling as the market moves near chart resistance levels. Some traders who are expecting a continuation of the bear trend may wish to consider using the short-covering buying as a reason to explore selling calls in near-term Natural Gas futures options. For example, with June Natural Gas trading at 2.370 as of this writing, the June 2.650 calls … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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