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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (17470)12/29/2015 5:10:55 PM
From: John Pitera2 Recommendations

Recommended By
isopatch
roguedolphin

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Speaking of Natural Gas... there was a very good reason that I was posting here on the evening of Dec 15th..25 year monthly and weekly Natural Gas charts.... The following day was the day to buy UGAZ the 3X Natural Gas Long ETF which has doubled in price since then and Natural Gas futures bottomed 2 days later and have had a robust 35% plus rally. I have wondered from time to time about some of the lurkers who stop by to read the thread occasionally.

Message 30363965

I got a PM from an SI member who I had never met who has last posted on SI back in 2013 been a member for over a decade.... he wished me a merry Christmas and commented about my gold note of a few weeks ago.

Natural Gas 25 year Monthly and Weekly charts..... the RSI indicators are the lowest they have been over the entire time period which illustrates the depth of the bear market and should make long term contrarians excited over the ability to pick up cheap assets during 2016. The monthly RSI down at 23.70 is very impressive from a historical perspective.





Message 30374917

not sure if this post is on this thread as well.

John
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