Natural Gas Channels 7/11/2020

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This is natural gas at the daily view since 2018. I was fooling around with wedges and channels. All I can say is, "oh my God." Gas was easier to predict that I thought. It was in a general channel all this time. There were bull runs that made their own mini-channels, but once gas enters into that downward channel again, it becomes predictable.

Due to the past 2 years, gas' sell zone has created multiple layers. The green lines are the evolving buy zone. The red lines are the historical sell zone.

Penafian

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