$NG_F 1Y Daily chart. Short term target hit at 3.4. Longer term targets 4.20 – 4.40 http://stks.co/f0PYU > Nat gas at 3.38 in January
— David Busick (@TheFibDoctor) Mar. 19 at 08:54 PM
Category Archives: Natural Gas Futures
Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
Nat gas still holding current target
If you have any questions, e mail me at [email protected]
Thx,
Dave
This past Thursday China’s flash Markit/HSBC Purchasing Managers’ Index (PMI) came in at 49.6. When this number drops under 50, it signals an economy is no longer expanding. This appeared to be the catalyst that triggered the US markets pullback. And I think that’s all it is, a normal pullback.
Nat gas has ripped through the $5 level on the deep freeze sweeping the country. (2 charts below)
Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
Click here for this week’s comparison chart
Click here for the long term NG chart
If you have any questions, e mail me at [email protected]
Thx,
Dave
I’ve not updated a nat gas chart in a while so here ya go. I DO NOT have a position in $NG_F
Click here for another prior chart.
If you have any questions, e mail me at [icon_link style=”email” a href=”mailto:[email protected]”][email protected][/icon_link]
Thx,
Dave
Contract:Â Natural Gas futures
Date of occurrence: Friday, April 12th 2013
What happened: Price hit and closed a -23.6% Fibonacci target of 4.247
If you have any questions, [email protected]
Thx,
Dave