According to Kobeissi Letter, their premium members successfully shorted Natural Gas ($NATGAS) twice over the past two weeks, achieving a 15% profit. They highlight natural gas as one of the most technical commodities currently in the market, suggesting that understanding technical indicators can lead to profitable trades.

According to The Kobeissi Letter, their premium members successfully shorted natural gas twice over the last two weeks, achieving a 15% return. The Kobeissi Letter notes that natural gas remains one of the most technical commodities in the market. Traders are advised to focus on technical analysis to gain an advantage. For further insights, subscribing to their alerts is recommended.

According to The Kobeissi Letter, natural gas prices have decreased by over $1.00 from their recent highs, with current prices around $3.00. This decline is attributed to market concerns about another supply glut, as inventories remain above historical averages and recent cold weather was insufficient to drive demand. Traders should consider these factors when analyzing market positions.