UNG – July 6, 2023

Last post on UNG/Nat Gas: https://bartscharts.com/2023/04/04/natural-gas-ung-april-4-2023/

Looks like a pretty clear 5 waves up that doesn’t break any rules … and now a nice 3 wave correction for the buys zone in the 6.60 “area.”

Again, this entire thesis is predicated on the long term MONTHLY PATTERN of the Natural Gas Futures below.

We “should” stay above 5.90 … I’m staying long until that low on NAT GAS is broken.

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.

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