NATGAS

[Dr.Masih Rezvani + 28]

NatGas 
European gas prices tumble

European natural gas prices have plunged from
their highs reached in the summer of 2022. 
December 2023 futures are down 45% from 
early December 2022. 
The trend is encouraging for the battle against
 inflation and positive for European growth 
prospects, increasing the odds of a stronger 
euro and resilient European stocks and bonds.
----
I think this is a trap , 
we will face to the high
 price energy very soon . 
Because of the very very fundamental reasons -
not because of the Russian - Ukraine's war .
Yes we are facing to the Energy crisis in the world.
 

https://www.tradingview.com/chart/NGAS.F/HYB2rwdb-NATGAS/

Edited January 6, 2023 by Dr.Masih Rezvani

[Tom Nolan + 2,443]

The one hour chart shows a channel down.  We may not have seen bottom yet for U.S. NatGas.