Expecting 2 scenarios to unfold (blue arrow, orange arrow). Trade with care.
Best regards, Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Please consider Scenario 3... Europe is facing a gas shortage... Russia is not supplying enough gas for winter. The Algeria - Morocco conflict threatening supply from North Africa..... As a result, Europe may be forced to order NATGAS from the US placing more pressure on gas inventories in the US. Winter is approaching fast. I'm of the opinion that Natural Gas futures will break the resistance level above.... Great analysis 👍🏿👍🏿
financialflagship
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@GrizzlyBearBee, I definitely agree with you and I embrace the bullish scenario, but after this correction is over. You're fundamental perspective is spot on and I agree with that as well. Thank you for your insights! :)