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Natural Gas (Henry Hub)

Ngas/Ethane

By Genghis
Updated
Charts looks a mess... I appreciate that...
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some back testing and future projection
- Bullish range break out in July of last year predicted a pull back to 10.80 (which it did in Feb)... expect an eventual move above 15.8 (projection)
- Bearish range break out in Feb of this year predicted a pull back to 13.67 (Which it did at the start of Mar)... expect a move sub 10.81 (projection)

Culmination of this is in blue... Anticipating move to sub 10.80 and then a rally above 15.8
We'll see what eventuates
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Time for the move up. Even though i think Ngas is set to head lower... i think it won't get hit as bad as Ethane
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JC02!NGAS
Genghis
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