Gas Consolidating for a Big Move 7/28/2020
Natural Gas at the 4 hour view.
Gas is currently consolidating right now into a wedge. The end of this wedge is early next week. If I were to guess, gas is trying to push up.
Gas currently has an inverse head and shoulders pattern going on. A very slow one, but it's telling me that gas may be getting ready for a spike up. We are in the middle of summer after all. Gas demand has heightened for air conditioning.
Gas is currently consolidating right now into a wedge. The end of this wedge is early next week. If I were to guess, gas is trying to push up.
Gas currently has an inverse head and shoulders pattern going on. A very slow one, but it's telling me that gas may be getting ready for a spike up. We are in the middle of summer after all. Gas demand has heightened for air conditioning.
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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.