In the natural gas market, we observe a critical juncture that suggests a potential shift in pricing trends. Over the past decade, historical data has revealed a recurring seasonal pattern that may indicate the onset of a bearish phase during this particular time of year.
Currently, the market is approaching a significant supply zone, which could serve as a pivotal trigger for price corrections. This area has consistently tested traders' sentiments, and if the pressures of supply outstrip demand, it may catalyze a downward movement in prices.
Given these observations, positioning for a short scenario seems increasingly viable. As market participants weigh their options, it is essential to remain vigilant and analyze how these supply-demand dynamics will unfold in the coming weeks. Understanding the interplay between seasonal trends and market sentiment will be crucial as we navigate this potentially shifting landscape in the natural gas sector.
✅ Please share your thoughts about NG in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.