Viking83

NatGas Highs and Lows

NYMEX:NG1!   Natural Gas Futures
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Realizing that we cannot rely on EW alone when making forecasts…
We have to use old tricks from the past. One with no alternative count - a Gann projection.
Because the main highs and lows should be clear by now.
Comment: So.. 9th High (mean pivot date)... :)
Now, market will work toward a low 12-13th.. BUT BUT BUT.... DO NOT SHORT (even though it is tempting) - because this cycle is very strong - so you wont reap much fruits from it. Wait with shorts till 20th.
Comment: Ie... Some cycles are much stronger than others. So in some cases, we wait for pullbacks to go long. When cycle is down - not always that is a green light for short.
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