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Natural Gas is Bullish 3/4/22


On a macro basis: The decent trade above 2661 (-.5 of a tic per/hour) brought in 3805 tics of higher trade. I noted the week of April 26th we also broke back above a significant formation on the Weekly charts at 2779 that warned of continued strength in general—we have seen 3687 tics of this. We left a medium-term bullish reversal below on 6/1 that warned of renewed strength for days/weeks. We have seen 3399 tics from 3067 so far. All the above are ON HOLD.


On a shorter-term basis: I CAUTIONED we held exhaustion at 5532-51 with a 5572 high and rolled over 1690 tics. On 2/3 we also left a bearish reversal above. We attained 1063 tics from the 4937 open. These are ON HOLD. On 2/15 we left a moderate bullish formation below that warned of higher trade for days. On 3/1 we also left the minor bullish reversal below warned about. Decent trade below 4627 will negate the minor bullish reversal below and warn of renewed pressure. Decent trade above 4879 (-.4 of a tic per/hour starting at 8:00am) will warn of higher trade; but if we break above here decently and back below decently, look for decent pressure.


NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.


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