Friday, September 4, 2009

Monthly Bar Chart NG

Another view. The highs and lows on this chart are a little different , must be based on daily settles. Getting back above the trendline that cuts across at about 3.00 would be a positive for Natty. A move contra the rest of the energy complex and world equities markets might seem counter intuitive , but  it's been doing just that for the last 8 mo.s.

From Sept 2  Natural Gas Update 
" there is my weird notion that the monthly bar chart is tracing out a Rorschach ink block's symmetrical look implies it could see a spike at any time."

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