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Re: SwingKing post# 33027

Sunday, 02/15/2015 7:42:33 PM

Sunday, February 15, 2015 7:42:33 PM

Post# of 42458
I think we have finally seen a bottom created with NG and I believe it has now broken out of the descending channel. I think we could see NG break $3.00 this week and watch for volatility to continue in the Short term, however long term I do think this one is setting up beautifully for a spring up move.

With that said I'm still reading several articles predicting NG prices have not seen a bottom yet and could come down to $2 or lower before putting in a bottom. So many wild speculations and predictions with oil & gas pries lately so it's becoming increasingly difficult to believe anything you read anymore.

What are your thoughts?


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