NatGas Highs and Lows
Updated
Realizing that we cannot rely on EW alone when making forecasts…
We have to use old tricks from the past. One with no alternative count - a Gann projection.
Because the main highs and lows should be clear by now.
We have to use old tricks from the past. One with no alternative count - a Gann projection.
Because the main highs and lows should be clear by now.
Note
So.. 9th High (mean pivot date)... :)Now, market will work toward a low 12-13th.. BUT BUT BUT.... DO NOT SHORT (even though it is tempting) - because this cycle is very strong - so you wont reap much fruits from it. Wait with shorts till 20th.
Note
Ie... Some cycles are much stronger than others. So in some cases, we wait for pullbacks to go long. When cycle is down - not always that is a green light for short.Note
Still have to do some adjustments to natgas. But we should be at a low in this region
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