Natural gas futures extended yesterday. This market has experienced a well-publicised and lengthy decline so it is now ‘cheap’ by any measure. This never stops further price falls of course but now seems a good time to buy some for at least a bounce.The last time there were bottom extensions (in October) there was a three-week feeble rally. We shall see what we get this time.
You may not have room in your portfolio but if you do, buy here.