Natural Gas Corner - Seasonal Price Trend Update - Still Searching For A Post-Summer Low

The seasonal trend chart for natural gas shows the historical price trend over the past 3 and 5 years.

It is getting a bit late for a seasonal low to be forming in the market, but it is coming.  Last week's spike down by the now expired November 15 contract to the 1.948 level could be the second and final seasonal low for 2015.

However, expect a retest of the November low as support first by the December 15 contract which is currently trading over .300 above last week's low. 

If support can hold in upcoming trade, a long term low could be set in the natural gas market.