Natural Gas Seasonal Price Trend - Still Looking For A Seasonal Low

The natural gas market now enters into a 13th week of sideways, range bound trade.  Seasonally, the market tends to bottom during the months of August or September.  The market is now half way through the month of October in 2014 without a decisive low. 

The market will likely remain weak as long as weather demand for natural remains light and storage injections high.  But once winter weather does finally arrive, a winter rally back higher is expected at least to the 4.900/5.000 spot price level into the early months of 2015.