Watching for a ‘lower low’ in Nat Gas

Perverse as it may seem (in the midst of winter), the price of Natural Gas is falling again (for various fundamental reasons) and attempting a re-test of its recent $4.75 low.

If it does, then $3.80 is plausible.

Followers of my writing would recall my notes of calling lower Gas prices from the $10 mark.

15 months earlier, I equally wrote of a pending rally, so I remain objective how I read the tape.

But what if Henry Hub Natural Gas breaks below $3.80 and fall 50% from here, down to $2.50?

December 23, 2022

by Rob Zdravevski

rob@karriasset.com.au