A low in Natural Gas means a lot of things
June 12, 2023 Leave a comment
Natural Gas is trading at a price where it’s flirting around historical percentages below its 200 week moving average.
Coupled with entering weekly oversold territory, my interest is heightened.
Prior to initiating a long position, I’ll need to combine a few other studies and allow some variance on the price entry.
note: a bottoming Natural Gas price could also end the abatement seen in inflation along with a few other correlated prices and measures.
June 12, 2023
by Rob Zdravevski
rob@karriasset.com.au
