The spread also recently broke out above long term trend line resistance shown in red. Another bullish signal for the market heading into winter if the breakout holds.
natural gas
Wednesday, October 1, 2014
Winter 14-15 / Summer 15 Natural Gas Spread Chart - Bullish Trend Line Breakout
The winter 14-15 / summer 15 natural gas strip price differential has been widening in recent trade which is typically a bullish indicator.
The spread also recently broke out above long term trend line resistance shown in red. Another bullish signal for the market heading into winter if the breakout holds.
The spread also recently broke out above long term trend line resistance shown in red. Another bullish signal for the market heading into winter if the breakout holds.
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