Natural Gas

Natural Gas got my attention because I believe we might see a wave 2 correction soon (or wave B for that matter). Once that correction has ended I would like to buy Natural Gas because the weekly time frame shows us an incredible potential. Keep in mind that price can't go below zero and long term buying would be a great investment opportunity.

Updates will follow as soon as the correction starts.

Bình luận:

Along with AUDNZD this instrument is one of my favorites for next year. Everything is lining up for an extreme 2017, with the US elections, crisis in the Middle East and Brexit in Europe going on it seems like the West and maybe the world miss out on how bad the global economy really is and what this will mean for commodities, stocks and the dollar. That and the technical's makes me accumulate big positions in certain instruments when managing my invest fund.

Elliott Wave analist know that Fibonacci retracements are not that effective when simply measuring high and lows but that they are very effective projecting waves, by means of other waves due to the fractal system. It seems like we were able to do that when it comes to Natural Gas. This supports my view of a wave two to be in progress. Once that's over I will definitily start buying more Natural Gas (I'm already long when price came below 2.0?. Depending on your capital you don't even need a stop loss with these levels.

Those who understand inter market analysis notice many red flags. Let's not ignore them.

Updates will follow.