European natural gas prices tumble for the second day

TTF prices down 14% today

What a beautiful chart this is. Parabolic move into a narrowing consolidation and it resolves to the downside. It cracked yesterday and crumbled today.

That's a bit of help for the ECB's transitory narrative, though prices still remain sky high. From here it depends on the weather. Right now, November forecasts for both Europe and the US are looking better, though we may see some cold in the eastern US next week.

Invest in yourself. See our forex education hub.


October 30, 2021 at 12:51AM
Adam Button
https://ift.tt/3pSPqhR