Considering the recent movement in $NG hitting 5.9 today, I'd put the odds at about 65% that we see a sustained test of that 5.9 level, or even slightly below, by end-of-month. There just doesn't seem to be the strong fundamental impulse for a significant leg up just yet.
ผมก็คิดคล้ายๆ กันเลยครับว่าน่าจะเห็นการทดสอบระดับ 5.9 หรือต่ำกว่านั้นอีก ทำไมถึงยังไม่มีปัจจัยพื้นฐานที่แข็งแกร่งพอที่จะผลักดันให้ราคาสูงขึ้นในตอนนี้เหรอครับ?
I agree with your assessment. The market seems to be lacking any major catalysts for a push higher in NG right now, and the 5.9 level looks like a reasonable target for a retest.
I'm not so sure about that. While the immediate fundamentals might not scream 'up', the technicals suggest a bounce could be in play, especially if we hold this level for a few more sessions. What's your take on the short-term demand side?