Infinity Insights – Volume 5, Issue 5

Technically, support that has held since spring 2012 was violated in December 2014, just two months ago as the chart, below, depicts: Prices are at unanticipated low levels. Could they move lower? They can. Will they? No way to know (case in point, NYMEX natural gas calendar strips made new lows Thursday across the board and heat rates moved lower as well, not a “normal” circumstance).