Fund Long Position In Natural Gas Increases By Nearly 20% Last Week

The funds are back in the natural gas market adding to existing long positions.  The fund long position in the market has increased by 42% over the past two week increasing by nearly 20% alone last week.

Friday's Commitment of Trader's report showed the funds long 108,075 futures contracts in the natural gas market, up 17,683 or 19.5% from the previous week.

The funds are likely going to have to sell these new positions out soon as the market sinks to new lows for 2015.