Nat Gas is in a sideways trading range for awhile, until it can break out above $3.50 and hold, then it has the potential to go to $4.00 and possibly $5.00 on an catalyst and extreme move.
Commentaire:
Nat Gas is in a sideways trading range for a while, until it can break out above $3.50 and hold, then it has the potential to go to $4.00 and possibly $5.00 on a catalyst and extreme move.
Below is a look at the long-term chart for Nat Gas, any move past $5 was an extreme verticle rise and is usually caused by a Catalyst like Geopolitical uncertainty or a disruption to supply.
Going into the winter, if Nat Gas goes below $3.00 it's probably a buy. Most analysts' consensus is that the average price for Nat gas during this winter will be $3.50, so think of this as the medium price for the next few months, and buy or sell this when we are way below or above this median mark... + or - $0.50 from it would be a $3.00-$4.00 Trading Range.
Seeking Financial Liberties
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.
Below is a look at the long-term chart for Nat Gas, any move past $5 was an extreme verticle rise and is usually caused by a Catalyst like Geopolitical uncertainty or a disruption to supply.
Going into the winter, if Nat Gas goes below $3.00 it's probably a buy. Most analysts' consensus is that the average price for Nat gas during this winter will be $3.50, so think of this as the medium price for the next few months, and buy or sell this when we are way below or above this median mark... + or - $0.50 from it would be a $3.00-$4.00 Trading Range.
Seeking Financial Liberties