NATGAS The chart appears to be completing wave 5 and may be about to start a corrective A-B-C move, in line with Elliott Wave Theory.Natural Gas (Spot) forum
NATGAS The chart appears to be completing wave 5 and may be about to start a corrective A-B-C move, in line with Elliott Wave Theory.
NATGAS you asked for it.Short obviously.
Targeting $2.8 first, then $2.6 to $2.5.
Looking for a solid injection season, most bearish EIA storage build in over 30 years, we'll probably head into winter with about 4000bcf in storage.
In comparison, most bearish has been roughly 3900bcf.
But, winter is meant to be damn cold. So I'm looking for longs in around Mid September, to ride a massive winter bull run.
We got Hurricanes and 3 months on Injections left, I wouldn't be trying to catch this falling knife.
NATGAS Just give the callouts Rob. Everybody loves call outs.NATGAS i remember the good old days, when this chat used to be eventful, helpful to otherskinda meaningless nowadays
NATGAS the whole world said 'we need more gas'NATGAS here we go. down
NATGAS 2.85 is on the wyNATGAS bearish. . .
NATGAS looks like there will be a swing between 3.4 and 2.7 and they are both inevitable this month.. but its just a matter of which one will come first. either way whichever no. you see first then the other no. will be your tp most likely. good luckNATGAS bet there will be gap down hehe 💀