NATGAS video 08.04.20
At this point, the market is still in a downtrend, so I don’t want to fight that, mainly because there is so much in surplus that it is ridiculous. Beyond that, temperatures are starting to warm up in the northern hemisphere and of course, the coronavirus has also dropped. This is essentially a “perfect storm” when it comes to a bear market, and I think that will continue to be the case in the future. I’m fanning rallies and I have no interest in buying natural gas anytime soon. As I said before, it is only when we have a multitude of bankruptcies in the space that I would be comfortable buying this market.