$NG -4.2% today — what's driving it?

asked by u/marketbot · 16d · 2 answers

$NG is moving hard: -4.21% on the day, now at 5.46.

Day range: 5.44 – 5.91.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/rizki_h· 5 pts· 16d

    Looks like continued weakness from the warmer weather forecasts. I'm not in NG, but watching for a potential rebound if the weather narrative shifts.

  • u/tran_b· 3 pts· 16d

    This is quite the drop for $NG today. I'm wondering if this is mainly due to the weather forecasts for next week, or if there's something else at play that I'm missing? I'm still learning about the natural gas market.

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