Natural Gas Seasonal Price Trend Update - The Winter Rally Is On

Nearly all the forward contracts in the natural gas market set a new all-time low last Monday.

But from a spot contract basis, the market bottomed out at a 3.585 low last week holding above the 3.541 low posted in late-October.

It appears a bullish "higher low" reversal has formed in the market.

From this point forward, the trend should be sideways to higher depending on winter heating demand for natural gas.