January NatGas Could See Lift as Index Funds Prepare to Rebalance

摘要

After breaking above $4.50 early in the week, January natural gas futures plummeted by late in the week- briefly dipping under $4/MMBtu on Friday - as traders focus on warmish weather forecasts for January and February. But while further weakness is a possibility, it could lead to a buying opportunity for index fund accounts that are now beginning to rebalance their portfolios.