NATGAS - Retesting lost support

٢٩ سبتمبر ٢٠٢٣

Long signal on NATGAS! Bubble collapsed however it will still retest last low of wave (1) which around 3.44~ 4.13.
On intraday there is also a head and shoulders pattern that got invalidated giving some additional significance for strength.

١٢ فبراير ٢٠٢٤

ملاحظة

NATGAS did not hold the lower support line and now that winter is fading I think it will enter a longer correction. This potentially also signals that RUB will continue to go down versus the euro.

١٢ فبراير ٢٠٢٤

ملاحظة

With current development which I did not expect I see the price test the low of 1.528 to really capitulate those who bought the NATGAS bubble.