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IOby u/iong·4dDiscussion

Natural Gas - Is the downside limited here?

Watching $NATGAS today, seeing it dip to 2.702 after a decent move up earlier in the week. We're still seeing strong storage levels and the mild winter predictions aren't helping, but I'm starting to wonder if the downside is becoming a bit more contained. Production cuts are on the table for some players, and even with the current numbers, demand for LNG exports remains a steady, underlying factor. I'm keeping it on the watchlist for a potential bottoming formation around these levels, especially if we see any shifts in short-term weather forecasts or further signals on production discipline. Not rushing in, but the risk-reward for a long position might be improving as we approach support.

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