Retail Longs Flushed From Natural Gas

As expected, retail longs are being aggressively flushed from the long side. Connected money continues to accumulate into weakness. The market awaits a technical trigger while behind the scenes money reallocates from weak to strong.

Natural Gas (UNG) and the Commercial (C) & Nonreportables (NR) Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest