Sep 8, 2021 Natural Gas Whoa! Update

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Natural Gas Futures (NYMEX:NG1!)

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NYMEX:NG1! Natural Gas Futures

I was driving this morning when I don't know what happened to price action for Natural Gas as it shot straight up! Needless to say I missed making my quick 20 points today. Guess we are going to have a new high to work off of. How high can price go? I'm not sure, maybe as high as 5 even. I did have my Sell order ready at 4.575 but I guess after today I might just be moving that up a bit. I am working with the Daily and Weekly charts now so still waiting for Natural Gas to crash - it's certainly not doing that yet :-) Stay tuned.

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Kommentar:

Here is the Daily Chart with Larry Williams Alligator - I added my own 30 day HMA and will use that as an entry point once price action falls. Could be next week or maybe Friday this week - stay tuned and stay safe :-)

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