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MarketIntel
Jun 15, 2022 12:34 PM

NatGas: It´s not over, yet! Short

Henry Hub Natural Gas FuturesNYMEX

Description

Yesterday´s massive sell-off of natural gas sparked many discussions about what is going to happen next. Well, we expect the price to drop further and reach the turquiose zone between $6.482 - $5.858. Here, we believe that the correction will end and turn into a big upward trend. However, if the course drops below this zone, further sell-offs will be triggered.
Comments
stocksHunterUS
I am betting on a long term correction. I remain short.
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