I decided to analyze the natural gas as the winter is coming soon, for Europe.
I didn't use NYMEX:NG1! because as we all know the Europe relies heavily on Russian natural gas, which I think might be a better indicator for predicting the natural gas in Europe, especially in Germany.
As I was researching, I have drew out some Elliot waves based on my personal opinion. Seems like there is more extension incoming for natural gas, and I DO NOT think the Fed, or the ECB would stop their Monterey tightening. Thus, I doubt CPI in Europe could be well soon, and I do think a BAD energy crisis is arriving, soon.
Feel free to share & comment, and let me know your ideas.
I didn't use NYMEX:NG1! because as we all know the Europe relies heavily on Russian natural gas, which I think might be a better indicator for predicting the natural gas in Europe, especially in Germany.
As I was researching, I have drew out some Elliot waves based on my personal opinion. Seems like there is more extension incoming for natural gas, and I DO NOT think the Fed, or the ECB would stop their Monterey tightening. Thus, I doubt CPI in Europe could be well soon, and I do think a BAD energy crisis is arriving, soon.
Feel free to share & comment, and let me know your ideas.
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.