The Behavioral Analysis of Markets Nat Gas Model predicted a low into August 2017, and that forecast came to fruition on August 4th with a low print at 2.786 basis the October contract.
More importantly, the model is predicting a new bull market in Natural Gas with a minimum target of 5 dollars during 2018 and a possible retest of the 6.80 level. This would represent a bull market advance of between 80-140% — putting an end to the brutal decade (plus) bear market in Natural Gas.
As always, I’ll leave it up to subscribers and readers to identify the potential catalyst (reason). The Nat Gas Model has been highly accurate during early stage bull runs for many, many years and I’ll follow this prediction through a position in UGAZ (currently trading in the 12 dollar range.
This is not investment advice– I’m simply sharing information generated by my proprietary model.
