NatGas Cycle Update
This is an add on post to Bikoo’s post on NatGas.
https://goldtadise.com/?p=371850
NatGas, like many other commodities is trying to show that the Bear has ended here but is also at a critical point in its 5-6 month Intermediate Cycle (IC) from a time perspective. NatGas is now 12 weeks into its current IC and if the Bear has ended, it should be able to power through overhead resistance here.
Nice charts and analysis as always Surf! Thank you.
It looks like $XNG has built out an inverted H&S over the last 7-8 months. If the bear is over, it should break above here shortly. Thanks for the update, Surf.