Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Natural Gear Bears May Attack Upon The Exhausted Bulls Anytime

Published 11/28/2017, 12:55 PM
Updated 07/09/2023, 06:31 AM
NG
-


On analysis of the retrieval of Natural Gas bears in the same chart on November 28th, 2017at 12:40:00 has been exactly on the path which I defined in my last analysis, I find the retreating bears may take revenge from the exhausted bulls at any time below the level of $3.147. This attack may be sudden as the chasing natural gas bulls seem to pause to take rest for regaining strength, while they are assuming the announcement of expected cold weather as a good resting zone.

I know most of the readers will not let any chance to criticize my analysis, attempting to predict an upcoming directional move of natural gas futures price well in advance, what one even do not want to believe at the time of submission of the analysis. I am once again inviting the critics not to let a chance to prove me wrong. But my advice for all such readers is only one that everyone must take his or her decision before creating any position in Natural Gas futures because I do not recommend my views to go long or short.

Good Luck!

Natural Gas Futures Price Daily Chart

Natural Gas Futures Price 4 Hr. Chart

Natural Gas Futures Price 1 Hr. Chart

Disclosure: This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

Latest comments

Nice chart, did u make it with MS paint?
No with crayons!
Good comment. And charts. With any analyst some trade off the information and if we were right all the time we would be billionaires. You do lay it out for us all to decipher and make our own decisions. GOOD JOB
Only 3.192 now bulls might be waiting for next instructions lol.................exhausted bears...
I read you since several months, i like your graphic style,  your work is bright and always gives a very good idea of what is really possible in this market.
Sound analysis
No one can't be perfect. But your advice and analysis is helpful.. thank you for your hard work.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.