NATGAS Getting Fired Up

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NATGAS just delivered a buy signal on Wednesday.

9 natgas daily

NATGAS emerged from what I believe was its yearly cycle low back in November. That first daily cycle out of the November low formed as a right translated daily cycle that peaked on day 21 and printed its daily cycle low on Tuesday, day 28. That places NATGS in its timing band for a daily cycle low.

NATGAS formed a daily swing low and closed above the declining trend line on Wednesday to confirm the new daily cycle.

NATGAS also closed back above the upper daily cycle band continuing its daily uptrend. It will remain in its daily uptrend unless it closes below the lower daily cycle band.

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