As you can see from the chart, somewhere between 2.8 and 3 is where the outside Linear Regression line is and that is where price will probably stabalize for the next while, until some force pushes price up....either weather, the War, Politics or some combination of all 3.
Keep a close eye as 3 is a Support level. Weather is supposed to turn colder also, however, storage is pretty full, so I'm guesing until the EIA report shows a significant drop is reserves, or if the cold snap turns into a 4 week cold spell, price won't move too much.
Heiko
Keep a close eye as 3 is a Support level. Weather is supposed to turn colder also, however, storage is pretty full, so I'm guesing until the EIA report shows a significant drop is reserves, or if the cold snap turns into a 4 week cold spell, price won't move too much.
Heiko
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.