Natural Gas: Market Stabilizes Amidst Noise And Long-Term Outlook -

Natural Gas: Market Stabilizes Amidst Noise And Long-Term Outlook

Mar 11, 2024Jeremy ParkinsonFinance, No picture0

Over the past few days, the natural gas markets have somewhat retreated; however, on Friday morning, the market appeared to have slightly stabilized.

That being said, I think there is a lot of noise just waiting to happen, and therefore I think you have to look at this as a longer-term market.

Natural GasAs you can see, the natural gas market really ended up being fairly quiet overnight, so we are currently in a somewhat stagnant state. Having said that, I believe we are still in the middle of a significant consolidation pattern, so it is currently challenging to take a very aggressive stance.More By This Author:Crude Oil Forecast: Likely to Rally FurtherAUD/USD Forecast: The Australian Dollar Is Still Under Pressure To RisePairs In Focus – USD/CAD, GBP/CHF, Bitcoin, Gold, USD/JPY, NASDAQ 100, AUD/USD, WTI Crude Oil