NATURAL GAS - WILL IT BECAME AS HOT AS LUMBER?

13 de jun. de 2021

I just want to give you a summary about my long term view. We can see that the multi-year floor of the market was the 1.4 - 3$ range. We can also state from the chart that this range represents the undervalued-to-normal zone of the long term price evolution. Once the market will broke above the 3-4$ level we can expect some really ugly bullish noise. This is an ideal price range for large speculators to make their bets. As a conclusion, I expect an advancing trend with high gas price.