Friday, September 9, 2016

Natural Gas Surfaces

Haven't weighed in on NG in over 18 mo.s on this blog...it's just been too far down for too long BUT..
 I love it!

It's consolidated in an abc pattern (sorry can't add text on chart) in a relatively shallow retrace of preceding leg and is heading back up.

If it can start to make new highs it may well be confirming the beginning of a very long term structure to the upside.

 click to enlarge
Time to buy some wells.
Just an expression.
Futures and options trading is only suitable for professionals and the truly deranged.


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