Natural Gas could be working on putting in the right shoulder of a inverse h&s.
Above 2.71 would give added confidence to a likely retest of the noted neckline. The timing of this retest could occur within the next 2-3 weeks. Confirmation of this inverse h&s would have an implied target of ~3.7 with a completion likely this fall.
Below recent lows at 2.6 and this setup can be considered invalidated.
Above 2.71 would give added confidence to a likely retest of the noted neckline. The timing of this retest could occur within the next 2-3 weeks. Confirmation of this inverse h&s would have an implied target of ~3.7 with a completion likely this fall.
Below recent lows at 2.6 and this setup can be considered invalidated.