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SnarkyPuppy
May 5, 2022 8:22 PM

Natural Gas. Trend to watch 2022 Long

ProShares Ultra Bloomberg Natural GasArca

Description

Natural Gas is trending very nicely here. The one commodity that is feeling upward pressure without respect to broad market activity.

Finding the fastest horse in the fastest sector is how trend traders stay relevant. Natural gas leading commodities. But still worth keeping an eye on other trends in commodities to continue upward in current market .
Comments
pechi123
Looks like wave A has topped, the decline is too steep wave B down to much lower levels. Only coming above the overnight high 8.287 will save the bullish count.
SnarkyPuppy
@pechi123, elliot wave is not my thing.it is a great charting and framing tool, but not a great trading tool for me.
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