Natural Gas Supply Zone Update!!!
Hey Gang!
We have a NEW supply zone on both the 1 hour and 15 minute charts.
Notice how the CCI on the 1 hour (middle chart) dropped below -200 and remains below the zero line!
We also have downward momentum on the 4 hour chart!
So what the heck does that mean you say? It means Momentum and Trend are in the same direction across multiple timeframes!
We should expect the price to hit that 4-hour market edge... And it might even go past it!
We have a NEW supply zone on both the 1 hour and 15 minute charts.
Notice how the CCI on the 1 hour (middle chart) dropped below -200 and remains below the zero line!
We also have downward momentum on the 4 hour chart!
So what the heck does that mean you say? It means Momentum and Trend are in the same direction across multiple timeframes!
We should expect the price to hit that 4-hour market edge... And it might even go past it!
Chris Juliano
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