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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (76068)1/24/2023 3:59:38 PM
From: Sun Tzu  Read Replies (2) | Respond to of 97557
 
You are being as cryptic as Scott.
I'm a simple man in search of simple answers.



To: Qone0 who wrote (76068)1/24/2023 4:08:12 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97557
 
Natgas is making as effort to make a base to bounce off of (See my context sensitive RSI and the other indicator at the bottom). If it is going to do so, it is still likely several days to a couple of weeks away (to get to 2.85 - 3.15?). I still think that longer term it is will settle with a 2 handle, but that doesn't mean it can't rally a fair bit in between.

Do you see any harmonic patterns? This chart is weekly, but you probably want to look at a different time bars (maybe 3-day or monthly?) You can head over to TV, enter NG1! (or NG2!) and use their harmonic drawing tool (looks like a messy bat pattern ;)