The Commitment of Trader's report released on Friday showed the fund long futures position in the natural gas market falling for the first time in 3-weeks.
The fund position as of last Tuesday's close was estimated at 136,893 contracts, down 7,156 from the previous week.
The natural gas market is expected to break out from the sideways range over the next few weeks of trade. A downside breakout could trigger further fund liquidation.
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