NATGAS - Perfect double bottom - Price in Rising Channel.
On the daily chart, NATGAS has formed a perfect double bottom, it's above the Daily 20, 50 and 100 EMAs. We are now contending with the 200ema.
Price on the 1 hour is in a rising channel.
Daily RSI and 1 Hour RSI above the 50 line, which is a bullish turning signal.
Seasonality and reduce production is on the bulls side.
Production hovering at 99.8bcf per day.
October contract rolls over to November soon.
La Nina is 80% chance for 2024/ 2025 winter, which should bring a stronger winter compared to the last 4 years.
Price on the 1 hour is in a rising channel.
Daily RSI and 1 Hour RSI above the 50 line, which is a bullish turning signal.
Seasonality and reduce production is on the bulls side.
Production hovering at 99.8bcf per day.
October contract rolls over to November soon.
La Nina is 80% chance for 2024/ 2025 winter, which should bring a stronger winter compared to the last 4 years.
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patreon.com/c/Robpoll
I share sensitive Natgas information via my Patreon everyday.
I share sensitive Natgas information via my Patreon everyday.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.