Tag Archives: trend
NatGas Update
New! Flourish Alerts launched in September – for details, click here Natural Gas is still in its 2 year cyclical trend. After 7 attempts, it finally broke the 50 Week MA at 3.10. However, two more major LT moving averages – … Continue reading
WTI still trending sideways
Despite the OPEC output cuts (promises?), various supply disruptions in the Gulf & the worsening situation in Venezuela, WTI hasn’t been able to break out of the 14 month sideways range (42-52). Now come the effects of Hurricane Harvey and … Continue reading
WTI Crude & Nat Gas – Long Term trends & Critical Levels
Natural gas may be warming up, in anticipation of warmer temperatures. NG’s price trend seems to be in that typical 24-26 month cycle which we have seen from 2010. We are probably in that 2 year bullish trend that started … Continue reading
WTI – the small pennant & the big wedge
On Aug 7, I posted a WTI chart on StockTwits – basically a bullish pennant based on which my expectation was for a continuation of the current run up. However, I do not expect WTI to run beyond 52/53 for … Continue reading
