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JSAL
Jun 19, 2023 1:36 AM

NG, prepping for a multi weekly gain come December 2023 Long

Henry Hub Natural Gas FuturesNYMEX

Description

NG based on monthly data is registering very significant net buy volume at the current price range.
Seller's strength is certainly fading out based on thinning price volatility this past few days / weeks -- as shown on yellow price lines on chart.

NG is currently sitting at a strong major support at 2.0 to 2.5 area, a 1.0 FIB discount level -- this is where most buyers converge.

Initial trend shift has been spotted at the present price range.

Spotted at 2.50

TAYOR
Safeguard capital always.



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MACRO VIEW: WEEKLY DATA update - Don't doubt no more.

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NG, firm on every ascend. Direction goal target, certain.

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MACRO VIEW: MONTHLY Data has recorded its first 'white light' candle since September 2022 (9 months ago). Long term reversal confirmed.

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NG entering breakout season.

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And the breakout happened.

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WEEKLY UPDATE.

NG is hovering on post breakout levels now -- aiming for another augmented price soon.

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The journey to 3.0 and beyond come winter season is definitely ON.

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Target achieved based on analysis last Aug 29 from our 2.6 base.

Expect Ascend continuation going forward.

Spotted at 2.99

TAYOR.

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chart above is from Monthly data.

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New price growth registered.
More to come.

TAYOR.

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Price Imbalance fixed by touching support level at 2.9 after surging 3.5.

Now its ready again to do another round UP.

Spotted at 2.90

TAYOR.

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Congrats holders. Back to previous resistance peak. Let's see if it can break it or do otherwise.

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It's back at base again -- which means another attempt to the upside is in order.

Wave up wave down, repeat reset.

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Weekly data update:

Breakout on the weekly / long term price shift.

More significant price growth expected from the current range.

TAYOR.

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Upside momentum is picking up on these. A breakout is highly possible.

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A big short squeeze is in order now.

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Prepping for a reversal attempt .

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It's definitely time. DON'T DOUBT.

LONG.

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moving based on expectation.

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The DIVERGENCE.

We maybe looking at the bottom base of a great rise soon.

TAYOR.

tvc-invdn-com.investing.com/data/tvc_cf132f55077c7541aaeee0459046bc44.png

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At this point, DON'T DOUBT THIS.

30 year strong support bounce. Ascend is the only option.

tvc-invdn-com.investing.com/data/tvc_6fcf656b8f8571a5c45c62c75ce7b7d2.png

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LONG TERM DATA METRICS update:

This is shifting now on its' long term trend.
Massive rise ahead for NATGAS.
Get your seeds ready.

TAYOR.

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+10% has been added on from our original spot.

Next target is around 3.5 area.
Long term target at 7-8.0 range.
Comments
TradingSniperino
Nice work, very useful and original analysis, keep it up
JSAL
@TradingSniperino, Thank You :)
TradingSniperino
@JSAL, May I ask how this kind of analysis is called ?
shivkumarpasi
what out whether and storage report sir, so far bearish, do u think it would rally in dec
elenaec
long term meaning 1-2 years ?ty
JSAL
@elenaec Thats correct.
mponevar
Good job Sherlock
elenaec
i think so too
elenaec
agree with you
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