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Bottom extension in Natural gas

Natural gas futures made a bottom extension at a daily scale yesterday. This signals the probable end of the recent decline hereabouts and so we recommend buying some ‘at market’:Nat Gas bottom ext2

We already have an outstanding ‘buy’ recommendation in crude oil that dates from the July 14th edition, so be careful about taking too great an exposure to the energy markets. Crude and Nat gas are only weakly correlated however, so we don’t think this is a good reason to avoid this trade.