Natural Gas

Commercial traders are again buying aggressively (even more so than the April setup) as price retests the April lows. While natural gas still has a lot of technical work to do, its leverage money flows are becoming increasing concentrated. Concentrated, leveraged money flows tend to support a directional break anticipated by connected money, so it’s worth monitoring.

Natural Gas ETF and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


A quick look at retail money flows suggests that the short trade could become even more concentrated.

Natural Gas ETF and the Nonreportable Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest: