How Low Will Gas Go?



Source: VantagePoint Intermarket Analysis Software

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The market decreased by 1535 ticks.

1535 ticks = $6,447 per contract (About 7 trading days)

When the blue line (forecast) crossed below the black line (actual), VantagePoint predicted the market to trend down. The Neural Index at 0.00 also indicated an expected down trend.

Gas futures prices usually reach their highest in April – May, and their lowest price levels in the winter months.

For every three barrels of crude oil that is refined, two barrels of gasoline are acquired; therefore gas futures prices will usually follow the price of crude oil futures.