Natural Gas Correction Review

Natural gas is another one of these asset classes that belong in the diagoanl world as it’s entire life seems to be diagoanl wave structures. So far the 2016 bottom is an 18 year bottom as well. I think there is a bigger bullish phase in progress, but our present move needs to clear up some more in the short term.  Commercial traders are long NG but not by any extreme.  Short term NG can still give us bearish signals but I think a bigger bullish phase is still due.

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