The fund long position in natural gas nearly doubled two weeks ago as the market rallied higher by over 40%.
The position fell slightly last week according to the holiday-delayed Commitment of Trader's report released on Monday.
The current fund position in natural gas (futures only) as of last Tuesday's close was estimated at 40,432 contracts by the report, down 2,946 from the previous week.
Not much to glean from this report other than the willingness for the funds to jump back into this market on the long side on any sign of the market bottoming.
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