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Natural Gas Forecast: Looking for Buyers
That being said, this is a market that is very dangerous to try to come in and “pick the bottom” at the moment, but I do recognize that it is tempting. If you are a longer-term trader, then it’s possible because you can do things to mitigate some of your risk such as use options, or perhaps even using ETF like I do, in the United States we have one called UNG. The long-term outlook for natural gas is probably strong, but right now we just have far too much in the way of supply to make it look like a market that anybody wants to be involved in. I think you’ve got a situation where traders will continue to try ... (full story)