Natural gas futures price seems to be facing tough pressure of Bears on every small rally. On analysis of the movement of natural gas futures price in 4 Hr. Chart, I find the thick presence of shorts at the level of $3.046 amid the absence of long term buyers. Since the opening on first trading session, I find that the short rallies, formed on the first trading session of the Week of July 16th, 2017 are facing tough resistance and the fatigue among the Bulls is evident enough to show any sign of strength till the fresh dose of any weather related news flow. The number of massive fresh short seems to be dominating every move of Natural Gas futures price above $3.01.
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