#NatGas = Weekly Update = 22.01.2022 = #NaturalGas $NatGas #commodities #energy

Natural Gas made several moves that suggest that it is likely moving lower. The move was discussed by InvestingAngles in the Natural Gas – 2022 Long Term Forecast.

This Weekly Analysis contains:
– weekly and daily candle charts;
– long term and short term Elliott Waves forecasts.

This post is part of the Weekly Analyses series that InvestingAngles offers to followers and subscribers.

CANDLES

The weekly candle is bearish Engulfing that suggests that the stock will move lower for at least one week.
The daily candles have formed a bullish Harami, however, the technical support is insufficient and this formation might turn fake.
The odds are bearish on the monthly and weekly frames.

ELLIOTT WAVES
Long Term
The chart was first made in September 2021 and it stands intact.

Short Term
So far, the stock registered no event that would change this forecast.
The Red count – primary.

These two videos below recorded the details of our approach to the analyses. They discuss various aspects of Natural Gas.

Part 1 contains an analysis of Natural Gas from the perspectives of Candlesticks and Technical Analysis.

Part 2 discusses Natural Gas using the Elliott Wave theory and summarizes the views of Candlesticks, TA and EW together.

If you already follow @InvestingAngles on Twitter and would not want to miss an important post, you can follow the blog on WordPress by email (free service). In this case, all posts will be sent to your inbox directly, including those with Premium Content. The Premium Content sections of the posts will be readable only if you have an active subscription.

This video summarizes our view of Market and it was recorded on January 21st after the market closure.

A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, volatility index and DXY, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

%d bloggers like this: