Futures Rebound, But Are the Bulls’ Days Numbered?

Satisfied with the one-day 23.6-cent drop afforded to the natural gas bears on Monday, the bulls were back on the warpath on Tuesday, pushing June futures to a high of $11.649 before the contract closed the regular session at $11.422, up 12.1 cents from Monday’s finish. Despite the gain, some market watchers say time might be running out on the recent trend higher.

May 14, 2008