A Major Buy Signal For Natural Gas Futures

Maybe it’s just me, but natural gas futures seem to have been very hard to read and predict lately. Unusual weather patterns have caused some volatility in storage numbers, but no move seems able to gain any momentum. It has been the classic “choppy” market for a while, but that may be about to change if a widely followed technical signal is anything to go by. That signal is the pattern formed when a short-term moving average crosses over the long-term. If it does so with the short-term line moving upwards, it is generally considered…