Friday, December 11, 2015

Natural Gas:Winter 2016 will be hot and the Bears awake

In a previous post we predicted correctly that Natural Gas will return to 1.95(Nat Gas is returning to where it started (1.95$)).Now we present our long term view on NG for 2016.
We believe that NG will soon bounce towards 2.25-2.5 (02/2016) and then dive towards 1.35-1.45 (4Q2016).

As we showed in previous posts (2016: The Year of the Bear (II))(DAX: A Huge Head and Shoulders pattern is already forming), winter 2016 is going to be "hot" and the Bears awake