Natural Gas Prices Break Above $2, Expect Higher Levels Ahead

The natural gas market has broken above the $2 level, and prices are expected to continue rising. According to Christopher Lewis from FX Empire, this is an investment opportunity rather than a short-term trade.

Lewis advises taking advantage of pullbacks by buying dips in a lowly levered position, such as an ETF, and holding onto it for the majority of the year. He notes that supply remains a major issue with natural gas, but points out that there may be a shift in perception regarding available supplies in the Middle East.

Lewis predicts that prices could reach $2.50, but warns that this will take time. He emphasizes that this is not a short-term issue and cautions against expecting immediate gains.