How Much Lower?

 

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Source: VantagePoint Intermarket Analysis Software

To see more FREE recent market predictions for energies go here!

  • The market decreased by 464 ticks.
  • 464  ticks = 4,640 USD per contract  (About 5 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.
  • On Tuesday, natural gas was trading just above $3 per thousand cubic feet, the lowest level since 2002.
  • In a drastic contrast, last summer natural gas spiked to record levels near $13.70 per thousand cubic feet.