Natural Gas (NATGAS) NG #F

folks, for those of you have been following me for a while you know that sometimes you eat the bar and sometimes the bar eats you.  (man I love that movie … the Big Labowski)

anyway, the “bar has eaten me” on Natural Gas. I played w/ a foldback pattern that REALLY looked nice and it basically failed below the levels – BUT  the PATTERN still appears to be working …perhaps?

either way, I think we have a big low in place on Natural Gas and I haven’t looked at it for a WHILE after it kicked my butt.  looking at it today – I see another potential foldback potential.


man, I wish I had more data on Natural Gas prices …

here’s the “other” foldback that kicked my ass …the form and symmetry sure look nice, don’t they? If right, natgas is about to rip higher ..


here’s a look at $UNG




Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

Leave a Reply

%d bloggers like this: