Support Levels and November UncertaintyThe dips might be attractive for those looking to take advantage of value.
In fact, it is somewhat cold this morning in the United States, and the dips might be attractive for those looking to take advantage of value.
I do buy natural gas, although I do not do it in the futures market; I do it via an ETF.
The $3 level in the futures market is one to watch.
As things stand right now, the $2.80 level is still the absolute floor of support.
Support Levels and November Uncertainty
The dips might be attractive for those looking to take advantage of value. In fact, it is somewhat cold this morning in the United States, and the dips might be attractive for those looking to take advantage of value. I find this to be a seasonal trade every year. I do buy natural gas, although I do not do it in the futures market; I do it via an ETF. However, a small enough position and simply hanging on to it for a couple of months does add a few percent to my return every year.
The $3 level in the futures market is one to watch. We will have to see how November opens up, but it will be interesting to see how that plays out and whether or not it holds as support. As things stand right now, the $2.80 level is still the absolute floor of support.