Natural gas - more downside to come in short termNatural Gas (Spot)PEPPERSTONE:NATGASToshihiroHiramatsuThe context of the moves is key here. Technicals need to be analysed along with COT analysis and quantitative data. Non-commercials added 24755 short positions for natural gas over the past 2 weeks and decreased long positions by -13718. This is a big move, and you should pay close attention as big moves like these don't happen often. In the next few days/weeks, natural gas should go down by 8-10%, and the market will likely find a mid term bottom.