Natural Gas Requires Discpline and Patience

Exercising discipline in a market that requires none is easy. It's a lot harder doing so in market that demands it. Natural gas requires discipline and patience. The increasing in the number of bullish setups could reflect a market in transition.

Natural Gas (UNG) and Natural Gas Diffusion Index (DI):


This commentary sums up the domestic natural gas fundamentals.

Headline: Natural gas: the commodity world’s ‘ugly duckling’

Natural gas has played the part of an outcast, wallowing in a supply surplus, even as most other commodities managed to turn heads with their impressive gains over the past several months.

“Natural gas is the ugly duckling of the commodities,” said Ben Smith, president of First Enercast Financial, an information vendor serving energy markets.

But just like the beloved Hans Christian Andersen fairy tale, the natural-gas story has the potential to transform — if investors are patient enough to wait.

Source: marketwatch.com