Domineeringdeal

Natural gas must be reversed in extremes, and bulls have reappea

Long
Domineeringdeal Updated   
NYMEX:NG1!   Natural Gas Futures

The demand for natural gas continues to rise. Internationally, Brazil’s natural gas production decreased by about 12% in March. In the United States, meteorological experts predict that the severe cold in the United States will not decrease in the next ten days, and natural gas production will increase to cope with the future severe cold weather. After the decline, short positions have been reduced. The recent rise in oil prices has also led to a gradual rise in natural gas. The above are some things on the natural gas news side. From the high point of 9.98 last year, it has fallen halfway through. I believe that the price of half discount must be very attractive. I also believe that many people rushed in to buy the bottom, but the reality is indeed disappointing. The continuous decline has disappointed most people. , until recently natural gas has completed the medium-term downside structure.

Since August 9.98 last year, natural gas has experienced three waves of decline. At the same time, the second wave C has reached 1.382 times that of wave A, which is in line with the proportion of AC equidistant or slightly longer than the first wave in the adjustment wave. Another point is that an obvious 5-3-5 structure has emerged from the internal form, which means that the mid-term decline has come to an end. This is very likely to be the bottom of the past half year. Of course, it will take a stage to build the bottom, so it is only the initial stage after the reversal.

I also mentioned many times in the road show the suggestion to start the layout of the 2.03~2.13 area. Since yesterday, the continuous increase of 8.8% and today’s increase of 17.4% can be regarded as the prelude to this increase, but don’t be afraid of heights. Space is far from being reached. According to my deduction, from the perspective of the golden section, the short-term target for this rise is 3.84, and the medium-term target is 5.01 or 5.96, which means that there is at least double the space from the current price. The leverage attribute is even greater returns.

Of course, whether the rebound or the rise is in the same direction, it is nothing more than the overlap of wave a and wave 1, and the overlap of wave b or wave 2. At least starting from the bottom, you can see three waves of trends until wave c or wave 3 Only when there is the possibility of closing, so the goal must be enlarged, the pattern must be enlarged, and there must be an overall view, so as to reap the most lucrative opportunities in the band...

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