NATURAL GAS FUTURES

uptrend continuation ,

RSI and channel have both bottomed and the price has started to move upward towards what I think will be the top of the channel at around 3.0. What it does after that is still up for debate, the channel and techs suggest there may be a further leg down here, but seasonality (and weather) will come into play at some point with gas typically having a strong ...

D.

Mini trend line support says Long

elliott waves trading

My analysis and indicators tell me that this may be close to the possible direction of NG1! in the coming days. My Dgaz looks good if this is the pattern.

The bias here is lower. I see two options. 1) we quickly see this cj,p down to $2.5 area where it has put in 3 lows already and seems to have good long term support; 2) it zig-zags down the falling wedge - this would take longer to get to the $2.5 area and would include a near-term move HIGHER to around $2.9 which would be a better place to take the short ...

ng changed to long target 2.9

Target 2.90

NYMEX:NG1! https://www.tradingview.com/chart/EURUSD/IZLJ3dS1-Head-Shoulders-Educational/ Safe Trades;

Very definite bottoming at $2.88 here for this current move. I think this will now trade sideways into the wedge before we then see a break up or down.Very trade-able in the meantime buy towards the $2.88 level if it moves toward it again.

after long trade now changed to short trading , EW trading

Until NG breaks the U-MLH, I look to take short trades. P!

I wonder if after what may be a completed motive cycle the retracing is beginning . This chart may be closer to a correct labeling of the past waves. Don't trade based on my musings. Use your own real techniques.

If NG1! really is in this B wave of a correction, it may be possible that is will decline to 0.618 on the FibRetracement in the next two weeks or so. It can be a profitable drop if it does. This is not a suggestion, only an idea. Use your own strategy.

There is always a destination of the price.

Candle filled in nicely to test the cup and handle support in play. Keep in mind, oil has already tested this and has rallied quite a bit.

50SMA crossed 200SMA early July. Will it stay below? SRSI trending up, we could see a re-test of 3.11, breaking above signals reversal to the longside, rejection below confirms the established downtrend.