The summer price high for the natural gas market may have already been set with the push up to a 2.070 high in early-April.
The seasonal price trend chart for natural gas shows the expected course for the market once a summer top is posted.
Once a high does form, the trend into the post-summer low should be down for natural gas prices.
The only question remains, "Will new 18-year lows be posted later this year?"
The seasonal trend chart suggests the answer will be a resounding yes.
No comments:
Post a Comment