QuantitativeExhaustion

Nat Gas Fast Move Down Continuation

Short
FX:NGAS   Natural Gas (Henry Hub)
Nat Gas trend has been down for two years now, and the small corrective cycle in a bearish trend has ended.

Chart had a small corrective wave (last move truncated) and I'm targeting a fast move to $1.50 for my first target with a small bounce to near $2.0 support turned resistance and a final blow to $1.05.

Nat Gas fast move lower will effect oil prices.

Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.