chartwatchers

NatGas and seasonality

Long
FX:NGAS   Natural Gas (Henry Hub)
14
Today is a higher high in NatGas again...
We are heading to 2.167 and 2.307 .(2.167 might not stop the price...)

I read a few top pickers report on the internet why Natural gas will start to go down.
These top pickers' call is based on the seasonality :
"Summer is coming on the Northern part of the planet so NatGas will go down."
Actually NatGas has nothing to do with seasonality.In 2014 USA had one of the hardest winters and NatGAs price just halfed down.

I think the new bull market is starting here and that bull will not be scared of the summer. :D

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.