Gas Consolidating for a Big Move 7/28/2020
Natural Gas at the 4 hour view.
Gas is currently consolidating right now into a wedge. The end of this wedge is early next week. If I were to guess, gas is trying to push up.
Gas currently has an inverse head and shoulders pattern going on. A very slow one, but it's telling me that gas may be getting ready for a spike up. We are in the middle of summer after all. Gas demand has heightened for air conditioning.
Gas is currently consolidating right now into a wedge. The end of this wedge is early next week. If I were to guess, gas is trying to push up.
Gas currently has an inverse head and shoulders pattern going on. A very slow one, but it's telling me that gas may be getting ready for a spike up. We are in the middle of summer after all. Gas demand has heightened for air conditioning.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.