The seasonal price trend chart for natural gas shows the price trend for the current year (green line) in comparison to the past three (blue line) and five years (black line).
August or September is the time the market typically sets the final seasonal low for the year.
This week's price decline fell back toward but has not yet broken below previous lows set three weeks ago.
If these lows hold during next week's trade, the second and final seasonal low for 2014 will likely be set.
Once a low is set, a rally higher into the early months of 2015 is expected.
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