Natural Gas: From Summer Lows to Winter Pricing

As Labor Day approaches, natural gas traders eye winter, anticipating seasonal price hikes. After a summer of overproduction and low spot prices, the market shows hints of a turnaround, with technical indicators like positive price divergence and a double bottom formation suggesting a potential rebound. However, caution remains as overall trends still indicate a downtrend, making investors wary of premature optimism in the shifting natural gas landscape. Hosted on Acast. See acast.com/privacy for more information.