Replies to post #103599 on Savvy Trades and Investments

[researcher59]

NG prices actually rebounded over the summer and peaked at $10 in late August and there was no fundamental basis for prices to be that high, so it didn't take much to trigger a big correction. At that point I think it was a change in sentiment and momentum that caused the sharp drop in prices, nothing fundamental suddenly changed except that NG was obviously overpriced. Psychology and sentiment are clearly related.