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Natural Gas is in Consolidation Above Major Formation 11/8/21


On a macro basis: The decent trade above 2661 (-.5 of a tic per/hour) brought in 3805 tics of higher trade. NOTE: on a very macro basis, the break above 4904 projects this upward $3.38, which could take roughly 14 months to attain (we are in the 3rd month).Trade at 4058 would negate this projection. The above are ON HOLD.


On a shorter-term basis: Decent trade below 5207-05 will project this down 640 tics minimum, 1500 tics (+) maximum; but if we break below here decently and back above decently, look for decent strength to come in. I warned in the Post Market Synopsis Friday that today has a good likelihood of seeing range expansion.


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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