First of all the first daily cycle is right translating:
From this point we can be sure :
ICL was on the 5th of August.
The probability is high we printed a multi year low ( probably a 3 year cycle low) I've mentioned this in a previous idea:
The first daily cycle low occured on the 11th August:
The first daily cycle run for 49 days with a peak on day 31. We are day 17 today.
We are still early in this daily cycle and already broke above the 200 .
The second daily cycle usually run for 60 days and the peak usually comes on day 40-45.
So we have minimum 2 maybe 4 more weeks before this daily cycle tops.
After the 2nd daily cycle i can predict how far this whole intermediate cycle can rally.
This might be the best 3 weeks in NatGas this year . Noone can predict how far this
cycle going to run:
Maybe only breaks 3$ and tops there ..
But we might tag the 2019. January high at 3.735$.
The 2nd daily cycle could look like this:
ANd after this 2nd daily cycle there will be one more daily cycle ...
The just got overbought and it's starting to print the 2nd daily cycle 's overbought .