As mentioned yesterday, NG is possibly at a reversal point. If confirmed today/tomorrow, the next target will be in the red rectangle marked (4). This bounce will likely be a corrective one with multiple unexpected see-saw moves.
Tune up for the daily report after daily closure.
I hope you followed this InvestingAngles’ call on December 12th.
You can review a bigger picture and the long term expectations in the Yearly Analysis:
https://investingangles.com/2022/12/31/natgas-yearly-analysis-31-12-2022-naturalgas-commodities-ng-ng-ung-ung-oilandgas-kold-boil/
Oil Yearly Analysis – Jan 1st:
https://investingangles.com/2023/01/01/oil-yearly-analysis-01-01-2023-wti-commodities-usoil-cl-cl-wti-oilandgas-oil-energy-fintwit-oott-crudeoil/
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