Natural Gas Daily Cycle, Cycle Low April 2
Natural gas daily cycle low was on April 2.
Initial rally was very strong but due to the size of the pullback must remain cautious.
Due to the current market conditions downside is still possible. If there is continuation above $1.92 it is likely signalling a longer term bull rally is starting.
Video discussing long term rally here - youtu.be/urXICTXWQyM
See charts below for reference
Initial rally was very strong but due to the size of the pullback must remain cautious.
Due to the current market conditions downside is still possible. If there is continuation above $1.92 it is likely signalling a longer term bull rally is starting.
Video discussing long term rally here - youtu.be/urXICTXWQyM
See charts below for reference
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.