Loading ...Energy Cycles
I am more bullish on NatGas here than Oil but I have both relatively early in their Intermediate Cycles.
The Blue lines on both charts are my Intermediate Cycle uptrend (Green are TC uptrends). On Friday morning, I took profits on my KOLD NatGas short from day 11 and started rebuilding my UNG and BOIL longs. I may be early and NatGas may drop to the 62% retrace at my Blue IC uptrend but I will just continue to add positions into the TC Low which I expect soon (next week if not already in).
Here is a potential Wolf Wave on WTIC Crude that Randy has contributed.
http://930e888ea91284a71b0e-62c980cafddf9881bf167fdfb702406c.r96.cf1.rackcdn.com/data/tvc_880f161096263059fef03a37b8b1dd54.png