The head and shoulder pattern means only one thing

Natural Gas behave erratically and its extremely chaotic. It likes to give you the assurance that you are in control while sneaking and stealing your money away. It shows a head and shoulder patter, an even double top pattern. All the technical markings are showing one thing, NG! is ready to reverse it's price action.
But when it's clear, too clear should you believe NG! I wouldn't. Technical analysis says NG should reach $5 but my gut feeling says it will try to rip you off one last time. I would expect the great crash around next January. Not now.

But if it happens now, make sure to stock up some for really good long positions during the winter.

Commentaire:

Looks like sometimes NG behave responsibly. Last two days it has broken all the support levels. Its almost certain that it would reach at least $6.