HEIKOTradingSystem

Oct 15, 2021 Natural Gas Larry Williams Update

Long
NYMEX:NG1!   Natural Gas Futures
Another wild ride week for NG! Almost hit 6 and down as low as about 5.1 - not boding well for my Buy order at 6. Anyway, like Larry says, stick to the plan. Weekly chart still is showing an up trend, and weather will change in November which should push prices up. My overall 'fix' will be to add more buy orders while price is low over the next few weeks. I will keep you updated as to when I put in another Buy order. I will monitor for a good buy in spot when the price has hopefully bottomed out. Currently around 5.400 - it might even hit as low as 5.200 but I don't think it will get any lower than this for the short and medium term outlook. Winter demand will certainly push the price back up (unless this winter is unusually warm). Stay Safe everyone.

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