fan megaphone

Updated

this is an expansion of the megaphone idea

Note

This move upward in Natgas is largely due to LNG exports making a solid base. It is today close on US exactly at the .238 Its a megaphone until it isnt

I am thinking the 2015 model on glut with a similar move could still break at

$2.97

However long into truncated megaphone hold

Note

tradingview.com/x/HZB4beW9/a .5 retrace on the big tankage is where I am gunning for a right shoulder targer formation

Note

you can seee how the range is in megaphone with the pitchfork in dicating likely a swing lower

Note

we see how this fan megaphone is still functioning in wild nat gas swings

Note

we see the fan centerline megaphone has remained significant and is the current price atm

Note

the 3 dollar handle is the bullish logical tech target but fundamentals are implying a return to bearishness with oil by product production rampant and Canadian crisis level locked in not profitable reserves ready to come online if prices rise at all..sept should see a return to bear until cold weather draws may provide sustained bullish trend reversal

Note

also see in the megaphone is the anomalous nature of the spike in prices last fall/early winter

NuclearSunset

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