Natural Gas Price Forecast September 6, 2017, Technical Analysis

Natural gas markets went sideways initially during the trading session on Tuesday, but broke down below the $3 level. This is a very negative sign, and it now looks as if natural gas is going to continue to sell off. I think rallies or selling opportunities, as the barrier between the $3.00 level and the $3.10 level above has held. The aftermath of hurricane Harvey in the natural gas markets looks to be over with, and therefore think the longer-term fundamentals will continue as selling is the best way to play this market with the oversupply.

NATGAS Video 06.9.17