Natural Gas – Daily Analysis
No surprises in the Natural Gas department. So far, everything is unfolding according to plan. But markets rarely follow a script without a few twists. So, do we need to adjust our expectations, or is Natty still on track for the next move? Let’s see what the latest candles and Elliott Waves are telling us. CANDLES & TA: Following yesterday’s breakout, Natty’s candles and indicators delivered several reassuring signals. The daily chart formed a bullish continuation candle, while the 100 and 200 DMAs appear to have finally made up their minds. After the golden cross, the two moving averages have started to separate, further strengthening the bullish technical picture. The 2D chart also formed a bullish continuation candle, while the 8D chart completed a Tower Bottom formation. More importantly, several indicators on smaller timeframes have started to support the development of a potential wave 3, adding weight to the bullish…
🚀 Unlock the Full Analysis
Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more.
then $79.99/month. Cancel anytime.
-
All individual packages except Live Trade
-
Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index, Financial sector
-
US Market: S&P 500, Nasdaq, Dow Jones, Russell
-
Commodities: Oil, Natural Gas, Gold, Silver
-
S&P 500 Sectors; Magnificent 7
-
Special Studies, Global Indices, and more.