Morning Natural Gas Market Report

January natural gas traded fractionally higher during the initial morning hours after breaking a 4 day losing streak yesterday. Prices have since turned back into negative territory, as there remains little near term demand threat on the horizon that would help work down near-record supply levels. The technical action in January natural gas has become severely oversold with this month's more than 12.5% decline, and that has pushed the relative strength indicator to the lowest level since mid-November.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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