Commitment of Trader's Report - Funds Heading For The Exit In The Natural Gas Market

The speculative long futures position the hedge funds hold in the natural gas market plunged last week falling by over 32%.

Friday's Commitment of Trader's report showed the funds long 73,203 contracts as of the 03/03 close, down 34,872 contracts from the previous week.

The funds keep trying to get long the natural gas market only to see the position quickly turn against them.