natural gas

natural gas

Monday, June 1, 2015

Fund Long Position In The Natural Gas Market Jumps By 152%

Hedge funds  have added 97,663 natural gas contracts to their existing long position in the natural gas market over the past 3 weeks.

This is an increase of 152% as the market has crashed back toward a 4-year low.

Friday's Commitment of Trader's showed the funds long 161,763 contracts as of last Tuesday's close, up 36,008 from the previous week.

The "smartest men in the room" suddenly aren't looking so smart.

No comments:

Post a Comment