Today Natural Gas pretty much repeated the pattern it made at the beginning of November and the chances of moving southbound in the next few days are higher at this point.
While the current wave is still young and it’s direction is not confirmed, I’d like to share a possible bearish road map.
The long term targets remain the same, as discussed in details in the weekly report two days ago:
I hope everyone listened and took advantage of this alert two weeks ago. NG lost 25% after the call.
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Latest Oil Weekly Analysis – Dec 10th:
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