Natural Gas Fundamental Analysis February 22, 2012, Forecast

Economic Events: (GMT)



Analysis and Recommendations:

Natural Gas is trading at 2.775 in today’s session as investors pulled profits after NG surged close to 20% in less then two weeks. Earlier in the day Natural Gas hit a high of 2.79, last week NG topped out at 2.81 after moving up from 2.36 earlier this month. Winter days are running short and warm weather is predicted. Gas was seeking a bottom when inventory reports last week showed it below forecast, non the less there is still no reason for NG to continue to climb.

Leave a Reply

Your email address will not be published. Required fields are marked *