Natural Gas Prices moving higher

[dan_s]

Price channel
December natural gas futures contracts rose for the second day. They broke above the downward trending price channel on November 5, 2015. Prices have been fluctuating between $2 per MMBtu (British thermal units in millions) and $2.40 per MMBtu for the last ten trading sessions. The less-than-expected rise in the gas inventory was the key driver of natural gas prices.

For more technical analysis: http://finance.yahoo.com/news/natural-g ... 58471.html

I believe natural gas prices will move above $3.00/mmbtu in the first quarter as the winter weather forecast has turned bullish.
Watch this video: http://www.weatherbell.com/saturday-sum ... ber-7-2015