Since I talked about this futures spread with Natural Gas futures, it has moved within a range. The spread has spent almost two months fighting against the strong resistance.
But now, we have reached bearish seasonality area (marked with red arrow) and the spread might follow the path:
Take a look at related post of this Natural Gas spread:
Seasonal Spread, Natural Gas Nov 15 - Jan 16
Natural Gas futures are really wild, but you can trade them using spreads and their behavior are smoother and somehow, predictable.
Seasonal Chart: Scarr Visual Trading
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