natural gas

natural gas

Monday, December 21, 2015

Commitment of Trader's Report - Fund Long Position In Natural Gas Jumps By Over 50%

The hedge unds came back into the natural gas market last week adding to their existing long position in the market.

Friday's Commitment of Trader's report showed the fund long position as of the 12/15 close at 39,479 contracts (futures only), up 13,268 contracts or 50.6% from the previous week.

The funds have attempted to buy this market several times over recent months only to quickly sell the positions back out as the market traded down to a new 14-year low.



No comments:

Post a Comment