Short if price breaks 1.785 Short

NYMEX:NGK20241D

Henry Hub Natural Gas Futures (May 2024)NYMEX

Description

⋅ Apr 9, 2024 11:08 AM

We are nearing a significant resistance level that could potentially drive the price down to $1.6, which is the bearish target set by institutional investors. Put options with an expiry date of April 12 have surged, featuring a strike price of $1.6

Trend Analysis