The six month chart on natural gas tells the tale of a good bounce off $4.00 with resistance coming in at $5.20 and the retreat to below $5.00. The MACD is turning down suggesting that some of the momentum is coming out of the uptrend.

CNH needs to have continued success in its drilling operations to kick up production and it also needs the price of natural gas to move higher. When you look at the financials for the company its very clear that higher prices for the commodity go right to the bottom line.

According to Brooke Thackray, natural gas enjoys a period of seasonal strength that runs from the beginning of August to late December so it might be prudent to look for opportunities in that sweet spot. Just keep in mind this is a trader, so look for entry and exits that are profitable.