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Natural Gas – November 28, 2023
Posted on November 28, 2023 Leave a Comment
Natural Gas is at a very key junction w/ regard to price and a bullish move. This is based on the MAJOR buy pattern on the monthly shown below. That pattern hit w/ both PRICE and TIME and that is the reason this “huge support” shown is such a big deal on the Nat Gas. […]
UNG – March 13, 2023 (update)
Posted on March 13, 2023 Leave a Comment
Last post on Natural Gas: https://atomic-temporary-44460632.wpcomstaging.com/2023/02/24/natural-gas-part-ii-february-24-2023/ That gap down was a bummer … but, we have found support and bounced nicely. As you can see above, any move higher will run into the wall of China above (big gap) and probably fail the first or second time. But, obviously, we want it to close up […]
Natural Gas Part II-February 24, 2023
Posted on February 24, 2023 3 Comments
This morning I posted the “measured move” on the Continuous Contract Nat Gas Futures from a monthly scale. Here is the link: https://atomic-temporary-44460632.wpcomstaging.com/2023/02/24/natural-gas-february-24-2023/ Measured Moves are the most underutilized YET most POWERFUL tool in our toolbox. I think people don’t use them because they clutter their charts w/ lagging, coincident indicators … moving averages, bollinger […]