Fundamentally, there's not much out there to cause a steep jump in prices. I think this is mostly a technical move - the market was simply under priced.
Warmer weather forecasts for next week could increase demand or gas by forcing homeowners and businesses to use more air conditioning, but the South was expected to remain on the cool side, partly blunting the...
I think here we are on the last wave down to 3.400. A regular swing has formed at the median line, between the inside 50% sliding parallels and finally touching the 20MA. A small trend-line can even be drawn joining the higher low points of the swing. I consider this as a bearish swing that could project the price at the 3.400 demand area. A that point the bulls...
