Will October be Déjà vu for NATURAL GAS?

12 de out. de 2020

Quick observation here. NG traders that are deep into the commodity's technical dynamics agree that Natural Gas is trading on patterns that are cyclical on the very long-term.

If cyclical behavior and seasonality play a big part on this, then why should the month of October be any different? Every 4 years since 2012, NG makes a bottom around March-April, then rises aggressively up until October, which initiates a pull-back. That pull-back appears to be a Bull Flag for a new High a few months later.

Will history repeat itself?

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