Natural Gas Price Analysis – Natural Gas Jumps as We Start June Contract

That being said, I think you have to look at this as a market that will remain very noisy and very heavy up top. So, what I am looking for, and I have been saying for a while, is a bit of a bounce that I can start shorting. The $2.75 level is an area where I would consider, so is the $3 level, assuming we can get to that point.

Market Resistance and Shorting Strategies

I have no interest whatsoever in trying to buy natural gas. It is a fool’s errand at best and will more likely than not only end up in tears anyway. So, with that, I am just simply waiting for the first signs of exhaustion that I can take advantage of in this market.

I believe a short-term selling opportunity will present itself. It is not a short-term and hold, nor is it a buy-and-hold. This is the time of year when you compress the trading range, but you have more selling pressure than anything else. Because of this, I am looking to see signs of exhaustion that I can jump on in this seasonal market.