Natural Gas Seasonal Price Trend Review

The seasonal price trend over the past 3 and 5 years points toward a post-summer seasonal low forming in the market over the next few weeks.

This second and final seasonal low tends to be the lowest price point for the year. 

A breakout under lower-2.700 support basis the September contract will trigger a bearish triangle pattern.  If this weakness unfolds as expected, it should be one of the best opportunities in years to layer in long term coverage in the natural gas market.