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Wednesday, October 12, 2016 10:21:41 PM
cha-ching Member Level Saturday, 10/01/16 05:32:28 AM
Re: cha-ching post# 6222
Post #
6226
of 6664 Go
NG hit target 3.10 as charted back on 6-30-16
pull back possibly around 2.50 as support.....breaks tru we could see 2.25 or possibly 1.75
depending on how the parts in the puzzle fall together
shall see how it falls....follow the chart/money
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cha-ching Member Level Saturday, 10/01/16 10:23:43 PM
Re: Myself °¿° post# 6237
Post #
6239
of 6664 Go
possible natGaz hits 2.50...think it will......DGAZ should be around 9.00
cc
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cha-ching Member Level Sunday, 10/02/16 10:55:18 PM
Re: wz9ytp post# 6264
Post #
6269
of 6664 Go
capitulation to 1.75 would be nice
we have 3 months to wait
cc
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a monthly chart tells the tale of where natty could land
2.90 is where lotsa resistance will be....2.7's coudl be next...lower depends on how long MILD winter weather plays out
news can trump all....long MILD winter
who really knows
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2.90 is where lotsa resistance will be
FWIW NG is above $2.9 so its no longer resistance it is now support
monthly chart tells the tale of where natty could land
A glance at that monthly chart I see a strong reversal from March to a period of consolidation this summer and a breakout last week at $3.1 an all important level from last 2014 that I have discussed in detail in other posts if any cares to read. What stands out is the long tail breakdown Dec 2014 and NG rallying back to $4 as wx turns cold. $4 is what stands out from your monthly chart.
Cold Winter Mild Winter it just doesn't matter its the Anticipation of A Long Cold Winter.
From your posts you said NG is going to capitulate to $1.75 in 3 months. What makes you think that could happen? IMO we will see $4.
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