Post by
llerrad5 on Jul 03, 2022 12:23pm
Out Look for Nat GAs Futures
This is a normal part of the ebb and flow of commodity markets and is not unusual to see this even in a major decade long bullish period. These pauses and mini crashes offer great entry opportunities to ride the longer-term bullish trend which is only 2 years into a 15-year bullish period from our cycle work.
In terms of climate, we still believe the best opportunity for a hot/Dry weather scare to develop in grains and cotton is the period from now into the middle of July.
The collapse of Natural gas prices by 40% from a cool US summer thus far and the cessation of LNG exports out of the US Freeport export terminal is offering an opportunity. We will be looking for the right set-up to make a buy recommendation.
Our Smart Money Insiders Algorithm on Natural Gas is starting to look bullish. Stay tuned. Please see chart at the bottom.
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