NatGas Intermediate Cycle
My cycle work shows that Natty Gas may have found a short term Trading or Daily Cycle low today on day 17. I also show, however, that the last Trading Cycle just failed (i.e. made a lower low than the last TC Low).
As this usually signals the longer 5 month Intermediate Cycle has topped with the final IC low perhaps still 3 months away. I plan to short the next bounce into the next TC high on or before day 9.
Thanks Surf trading NG also…