Natural Gas - Accumulation Phase before next move?

3 thg 11, 2022

Moving into winter 2022 and the price of gas (regardless of inflation) is STILL running high. Average price looks to be around $3, so even allowing for inflation in the price we could still be seeing a preparation for another (not unusual) move down in price.
Looks like: Bear Flag
Next likely move: Break downwards
Where to: possibly down into mid $4

23 thg 12, 2022

Ghi chú

Well... it was a bigger bear flag than expected.
However, we are now in the $4 Zone... More to drop?