Leng Sihan:10month24Next Monday, spot natural gas will usher in an opportunity for bottom hunting

Leng Sihan:10month24Next Monday, spot natural gas will usher in an opportunity for bottom hunting



The price of natural gas experienced a significant decline last week, and as can be seen from the technical chart, the market has basically shown a cliff jumping trend. In such a situation, the vast majority of investors will close their original long positions and start entering short positions. But it seems too late to go short again now, and this market trend is about to end.



Last week, the natural gas market welcomedEIAAlthough the inventory data performed average, it can be seen from the numerical value that inventory is still steadily decreasing compared to the previous value. In this situation, investors should further consider being optimistic about natural gas prices. But contrary to expectations, natural gas prices experienced a significant decline last week. What is the future trend? For more details, please follow the author Leng Si and Han Weixinwmtt78.



But this does not indicate that natural gas prices have completely entered a weak channel, and the current natural gas prices are still a bullish pattern. In fact, from a macro perspective, this downturn in the market is completely unexpected. On the daily chart, the rise of natural gas has always revolved around a circular fluctuation, and a trend line at the bottom can be clearly seen, indicating that the market is rising based on the trend line.



And the support of the trend line below is mainly located5740Nearby, if the market test reaches here next week, it is believed to be a good trading opportunity. It can even be said to be a good opportunity for bottom hunting. Investors will seize this opportunity next week, and the returns from flipping positions are not a dream. I certainly hope that everyone can achieve good investment results, so everyone can take the initiative to communicate with me. I am very willing to share my current experiences with everyone, communicate more, seek more advice, and not just rely on limited knowledge to operate. Leng SihanVletterwmtt78Profit always comes when you can't imagine it.