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RPby u/rahul.pillai·7hAnalysis

Thoughts on NatGas hitting 2.85 by month-end

Been watching $NATGAS closely, especially with the recent chop. We're sitting around 2.79 now, bouncing off that 2.775 daily low, and it just feels like there's some underlying pressure building. Weather forecasts for early next week are looking a bit warmer than previously expected in some key consumption areas, which might cap upside, but then again, storage reports have been a bit of a mixed bag. I'm leaning towards a decent probability that we could see 2.85 by month-end. Not a certainty, obviously, but maybe a 60% chance. If we break below 2.75 convincingly, that whole thesis is out the window, but right now the risk/reward for a push higher feels decent.

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