Yang Jingle:10month24Japan's natural gas market is expected to continue its decline, let's wait and see!

Yang Jingle:10month24Japan's natural gas market is expected to continue its decline, let's wait and see!

This week, our analysis team carefully analyzed the trend of natural gas in the market, although they provided short selling profits near the highest point during this process. However, this decline still exceeded the expectations of author Yang Jingle. The author, Yang Jingle, has searched multiple times to find the reasons that have affected its decline, but has not found any external news about the magnitude of this impact. Get daily investment profit information. Market trend analysis and trading strategy guidance. Shouting a single group:299-154-313verification898No verification, no addition

Yesterday, the Japanese analysis team saw some lagging news: the OPEC production reduction agreement will undermine Saudi Arabia's efforts to increase natural gas production, as most of Saudi Arabia's natural gas production comes from related reduced production oil fields;According to data from Baker Hughes Oil Services, the current number of natural gas drilling operations in Saudi Arabia is relatively high2014Annual increase36%;Additionally, Saudi AramcoCEONasser has also stated that the company will invest more than3000Consolidate oil status with billions of dollars and significantly expand traditional natural gas production and explore non-traditional natural gas resources. So currently, at least the data has a bearish impact on natural gas;

It is not difficult to see from the technical chart that natural gas prices have fallen below5Supported after the daily moving average10Daily moving average, prices fall below again the next day10The daily moving average is expected to once again test the mid range support of Bollinger, and this support is located below the price, at least there is still room for improvement150The point falling trend, so the adjustment of rising and falling, which can lead to such a trend, also represents a continuation of the decline. After testing the space below, let's wait and see what kind of natural gas trend can emerge again!

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