Over the past few days, the natural gas markets have somewhat retreated; however, on Friday morning, the market appeared to have slightly stabilized.
Over the past few days, the natural gas markets have somewhat retreated; however, on Friday morning, the market appeared to have slightly stabilized.
That being said, I think there is a lot of noise just waiting to happen, and therefore I think you have to look at this as a longer-term market.
Natural Gas
As you can see, the natural gas market really ended up being fairly quiet overnight, so we are currently in a somewhat stagnant state. Having said that, I believe we are still in the middle of a significant consolidation pattern, so it is currently challenging to take a very aggressive stance.
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