US Natgas Futures Pulled by Mixed Price Signals

摘要

After struggling all week to pull out of the $2.40s, the US November natural gas contact slipped into the weekend a hair above $2.50 per million Btu. The contract had been creeping higher since Tuesday, adding a nickle over four sessions. Still, no matter how bullish the drivers, the "rallies" were anemic and topped out at minor resistance between $2.520 - $2.543 on Wednesday and Thursday.