NuclearSunset

Multi year range in White dotted lines since 2014 Blue dotted lines indicating the distance of the drop from top to bottom which ocured in 2014 The thesis is weakly supported ,unsupported by fundamentals which are decided bearish posited on the premise of short covering rally in grossly oversold conditions for starters and longer term LNG exports going forward

Nat Gas will rebound here or the current bullish trend will be cancelled and the wave count will resume into a bearish impulse scenario and recent bullishness relegated to an A B C D type correction wave status If Natty can breach the trendline due to heavy summertime Heat related consumption as indicated by the bullish EIA report on July 18th .. going forward...

Trendline ..EW...analysis A long here on a suspected strong Inverse Head and shoulders pattern emerging Prediction is that tp will hit Jan 5th or 6th into a correction of .5 on that leg of the correction EW wave

long natty if it breaks 2.95 scalp on short to 2.45

bassically speaks for itself

bassically bearish here showing an explosive right shoulder to create a nive IHS macro Primary shit is impulse reversal wave to bull instead of being a mere corrective wave Likely set up with higher than average ac ussage in the mix coming up for next weeks real draw related upside ... Then a sharp drop as the fall bear volume kicks in likely scenarios are...

going down then recovery wavew then up

h & S pattern plus a custom trend line that takes out some of the extremes is at hand here Have the waves and the trendline and the zones and the hs inverse here

I am following the longer curve with some tr5end line median adjustment for excessive highs in January My other models are extreeme short

this is an expansion of the megaphone idea

dxy up gold down

BTC DXY long

IHS in DXY and HS in gold

Bitcoin HS running symetrically with DXY

Short at 3.4 OANDA:NATGASUSD

Nat Gas has been in a consolidation zone of epic 6month length It has recently been following an expanding swing or megaphonic pattern There is a clear precedent for this type of behaviour It will surge upwards to 3.3 area before a big drop to 2.36 as bullish oil brings on excess gas supply

I see that the Head and shoulders macro has failed to complete and that Nat Gas has experienced a prolonged consolidation period. we are currently resting on buy levels and we have a clear trend line base at the same time

I think that oil is going to follow a similar trend from these levels as 2016 Aug through september Extremely bearish model