This is the monthly chart for Nat Gas. As you can see I think we are nearing the next push up to finish a large B wave. But if you look at the time frame...it could be a while until such a big move happens. Short term thought....I think we are going to be starting a 3rd subwave up soon. Hope this helps a little bit.
well it looks like we are not going to reach all the way down to the .618% retracement for the sub wave 2 of this larger wave 3. Ill zoom in to show you.
@Ctho223, But in June ish of 2011, 12, 13, 14, 15 ...NG started to dump. It is almost as if the month really doesn't matter. The more I see contradicting readings the more I think this stuff is programmed in an algorithmic supercomputer. It is as if the pattern is the tell more than anything else. With the exception of a very complicated pattern recently.
@SalN, I listed all the Gas Storage Reports and how the price Moved By the report, I saw that Even report is Bullish Gas was still selling and Even Bearish Report Too. After 12 Hours Price Has Move to report But Not that Much Only Few Pips. Still Trying to figure this reports. Any Idea About the report will help a lot thanks.