Natural gas is such a great clean source of energy. A favorite for homes. Likely someday will power cars as well. Hard to believe longer term it will not become more expensive. But currently clearly in a shorter term downtrend (down about 5% today so far).
Looking at the daily chart it looks like we have already had a 5 wave up move and are now are in a abc correction. IFFFFFF correct when the correction is over I would expect at least one more 5 wave up. The colored target box seems is where I think the correction may well stop. Will be watching for positive candles or down trend line break.
Hope this will be helpful. Take care. Have a good week.
Looking at the daily chart it looks like we have already had a 5 wave up move and are now are in a abc correction. IFFFFFF correct when the correction is over I would expect at least one more 5 wave up. The colored target box seems is where I think the correction may well stop. Will be watching for positive candles or down trend line break.
Hope this will be helpful. Take care. Have a good week.
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