Monday, November 19, 2012
Bulls still seem to have the upper hand in Natural Gas futures, with price holding above both the 20 and 200-day moving averages. However, any further rally attempts may be hampered by the higher than average inventory of Gas in storage going into the winter heating season.
The recent rally in Natural Gas futures has run into some headwinds despite posting the first withdrawal from storage this season. The Energy Information Administration (“EIA”) reported … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards