Natural Gas has been following stock prices down
Natural gas has fallen about the same as stock prices have taken a plunge.
Is there some type of correlation with the financials market? It certainly makes you think. We see that Natural Gas has taken a nose dive down. Now let’s look at a stock exchange index and compare. Whenever you seen the stock market take a harsh move down it would probably be an indicator of what Natural Gas may doing as well.
NYMEX Natural Gas Futures Chart
Now take a look at the S & P 500 over the same time frame. The nose dive spurred on Natural Gas to do the same or so it would appear.
S&P 500 Index Chart
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