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DZ

The Bulls’ Rally Is Over...Expect Natural Gas Prices To Fall Day To Day

David Zernhelt in Nat Gas / LNG

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David Zernhelt    + 6

DZ

(edited)

When I went to bed last night, the natural gas price for Henry Hub was at $2.22.  This morning, it was at $2.20.  It got down to near $2.17 today and is now waddling between $2.19 - $$2.22.  The long term weather outlook for temps in the U.S. definitely favors the natural gas bears.  Even if price holds at $2.20 or as much as $2.22 by some miracle, come Monday it will plunge down further day to day next week.  The natural gas rally for bulls is ending very very soon.  The bears are closing in !!  Lol

Edited by David Zernhelt

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