Natural Gas Futures: Scope for a near-term knee-jerk – by pabspiovano Gas Commodities Energy OpenInterest Futures
Considering advanced prints from CME Group for natural gas futures markets, open interest shrank for the 5consecutive session on Tuesday, now by around 9.5K contracts. On the other hand, volume left behind two consecutive daily pullbacks and rose by around 68.7K contracts.was on the back of shrinking open interest, which hints at the idea of a corrective move in the very near term.
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