Loading ...NATGAS
Here 33-year (weekly) chart for $NATGAS. Since tagging the BLUE FORK, price jumped and came back. FORK still providing support and should be ‘line in the sand’ for NATGAS-BULLS @ 2.00 approx. If charted cycle work gives any guidance when comparing ‘recent cycles’ with ‘1999-2000 cycles’ then price could GO PARABOLIC from here. As during ’99-’00 price went UP 503% (from 1.65 to 9.95) in 9 months TIME.
Therefore/possibly: Natgas goes to tag the BLUE FORK @ 12.50 approx. during next (little) GREEN CYCLE (intermediate) TOP during October-2024 and give 474% increase from here.
IMO. DYODD.
Brilliant, Nightingale, brilliant.
Thanks for posting AND explaining.
Appreciate the reply & compliment. Thank you!
NICE WORK NG
FIBONACCI CYCLES ?
HA
Wish I could say “ready set go” ahead of the gun. I can’t.
But I did warn back in Feb that we had at least two more months to go.
Then I got yet another fresh LT sell signal. So I went back to sleep.
Right now, prospects look better on longer time frames, but not shorter term. Next few weeks still look bearish. I will be adding a Hurricane Tracker to my twitter feed soon. The season started two days ago.