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Cashdata

Will Natural Gas Prices Increase?Weekly Cash Data shows a sharp downtrend that stopped at 2.05 and then formed a sideways trend. Given the size of wave-(c) and the time of the waves, it seems that a reverse contracting triangle pattern is forming. Currently, wave-(d) has ended and wave-(e) has begun. Under normal circumstances, we expect this wave to decrease to the point indicated by the red arrow, and in terms of time, this wave can continue until the time range of August 12-September 12 unless a political or geopolitical event occurs that causes wave-(e) to be shortened. So, to trade, you must have a strategy along with analysis. Good luck NEoWave Chart
CAPITALCOM:NATURALGAS
by NEoWave-Chart
Bitcoin NEoWave Analysis Based on 6M Cash DataCash Data 6M In the 6-month cash data for Bitcoin, it appears that a Running Neutral Triangle is forming and we are currently in wave-D of this triangle. Based on the previous mid-term Bitcoin analysis, as long as Bitcoin’s price remains above $70,000 there is potential for the price to rise to $150,000. Therefore, wave-D of the neutral triangle could expand and grow larger. Until wave-D is complete, we cannot accurately predict the endpoint of wave-E( The label-E shown in the image is not precise and will likely change) However, after wave-D concludes, the price will experience at least a 50% correction to complete wave-E of the triangle, followed by a strong upward move in Bitcoin. The analysis will be updated once wave-D is complete. Good luck NEoWave Chart
by NEoWave-Chart
SSE Composite Index CorrectionThe SSE Composite Index, the primary index of the Shanghai Stock Exchange, reflects the performance of diverse companies across various industries and serves as a gauge of China’s economy. It is calculated based on the market value and stock prices of these companies. According to daily Cash Data (1D), the SSE Index, after a 36% rise from September 18 to 30, 2024, entered a corrective phase that has lasted about 4 months. Based on the time and price similarity of the waves, it appears the correction is forming a diametric pattern. Wave (e) is likely complete, and wave (f) has begun. Wave (g) may end at 3,138 or 2,945, though the completion of wave (f) will allow a more precise prediction of wave (g) endpoint. This diametric pattern will likely take another 2 to 3 months to complete..
SSE:000001
by NEoWave-Chart