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

To: ajtj99 who wrote (76129)	1/27/2023 8:05:37 AM
From: Sun Tzu	3 Recommendations Recommended By ajtj99 The Ox towerdog Respond to of 97534

I agree completely. Below 1.80 is where I plan to fight the tape for natgas. Until then, it will be trend following. My expectation for natgas is that a safe trend reversal won't happen until the monthly chart builds a base and flattens out. That is still a some time away - March at the earliest. But on the weekly basis, we could be having the makings of a bounce possibly as early as next week. Nonetheless, given the volatility in NG, that can still be a 30% - 50% gain in two weeks. One thing that I don't get is the relationship between front month NG and BOIL. I don't want to hold the futures since they make most of their moves while I am asleep. Below is my cyclically adjusted monthly natgas futures. Bottoms are not reached until #1 the price is near the lower green line (and ideally below it), And #2 that lower green line starts edging up.