We're currently observing what could be the beginnings of a primary wave 1 of a cycle wave 3. As we're already approaching the top of intermediate wave 1 we'd advise sitting on the sidelines for now until confirmation of intermediate wave 2
We're fundamentally bullish on natural gas as among other things we believe the clean energy transition won't go as smoothly as planned and natural gas will be the main source of energy supply for years to come and as demand ramps up globally the price will go with it as producers will struggle to keep up. Not to mention the geopolitical risks that are happening right now serving as a potential powder keg for a war of resources.
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