Natural Gas - Accumulation Phase before next move?

٣ نوفمبر ٢٠٢٢

Moving into winter 2022 and the price of gas (regardless of inflation) is STILL running high. Average price looks to be around $3, so even allowing for inflation in the price we could still be seeing a preparation for another (not unusual) move down in price.
Looks like: Bear Flag
Next likely move: Break downwards
Where to: possibly down into mid $4

٢٣ ديسمبر ٢٠٢٢

ملاحظة

Well... it was a bigger bear flag than expected.
However, we are now in the $4 Zone... More to drop?