/NG D

٢٢ أغسطس ٢٠٢٢

/NG is natural gas futures and this is a textbook perfect looking cup and handle. The measured move of this brings us to 14 which is $37,000 worth of points if you manage to capture it through settlement. Germany released their PPI a few days ago and it was very high due to energy cost skyrocketed. Natural gas in europe already mooned, so there's some expectancy here leading into winter. Tickers for the nat gas trade would be EQT MGY CTRA BOIL EQNR and LNG