Natural Gas (Henry Hub)
Updated

Ngas/Ethane

210
Charts looks a mess... I appreciate that...
Note
some back testing and future projection
- Bullish range break out in July of last year predicted a pull back to 10.80 (which it did in Feb)... expect an eventual move above 15.8 (projection)
- Bearish range break out in Feb of this year predicted a pull back to 13.67 (Which it did at the start of Mar)... expect a move sub 10.81 (projection)

Culmination of this is in blue... Anticipating move to sub 10.80 and then a rally above 15.8
We'll see what eventuates
Note
snapshot
Note
Time for the move up. Even though i think Ngas is set to head lower... i think it won't get hit as bad as Ethane
snapshot
Note
snapshot
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.