Começar
goodguy

Natural Gas: Maybe about to turn up

Futuros de Gás Natural (NYMEX:NG1!)  
goodguy Atualizado   
NYMEX:NG1!   Futuros de Gás Natural
Wave Analysis Natural Gas UNG UGAZ
6
3
waveanalysis naturalgas ung ugaz
Natural Gas from the weekly chart clearly is in a longer term downtrend. From the daily chart we are now for the 2nd time at a .62 retraction of the recent rise. IFFF the sideways action since is what the EWT folks call a "flat" we may well be ready for a sizable up move. Stay tuned. Feedback on this would be greatly appreciated as the picture is far from clear. Would like to know what others think.
Comentário:
Good start this week. In EWT one of the rules is that wave 1 and 4 cannot overlap. However occasionally (for me at times of transition) wave 1 or wave 5 can have 5 overlapping waves where wave 4 overlaps wave 1. These are referred to as "leading diagonal" or "ending diagonal". In the 1 hour chart I think we may have a leading diagonal. If so there will be a strong up move next. Process your way. No pattern is always correct.
snapshot
Comentário:
Correction. The chart on the left is a Weekly chart.

Ideias Relacionadas

goodguy
F/U on Natural Gas
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.