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 test...it's symmetrical look implies it could see a spike at any time."

Comments

Popular posts from this blog

WTI Update- a 4 Handle Future?

Biden Climate Plan and Global GDP

Gasoline a By-product of Distillate