Natgas confirmed that it began a new daily cycle this week.
Natgas has also formed a weekly swing low this week. Last week was week 20, which places Natgas in its timing band for an intermediate cycle low. The True Strength Indicator has also printed a bullish weekly crossover. You will notice that Weekly Bullish Crossovers at this level have previously marked intermediate cycle lows. So the new daily cycle has good odds of triggering the start of a new intermediate cycle. as well.
However, I suspect that something even bigger than an intermediate cycle low is forming here. And that is something that I will discuss in my Special Report: Natural Gas Harmonic Convergence.
I would like to make this report available here. The Special Report: Natural Gas Harmonic Convergence and a complementary 6 week trial subscription to the Likesmoney Premium Site is available for $15.
The complementary subscription will give you full access to the premium site. It includes:
1) The Weekend Report, which is posted usually Sunday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.
2)The Mid-Week Update. Posted on Wednesday’s– This is a review of the daily and weekly charts for the above mentioned asset classes.
3)The Weekend Updates take a look of the daily & weekly charts of GYX, DAX, NATGAS & XLE.
4)Weekly Update of the Bullish Percentile Bingo
5) Frequent (just about daily) updates of my proprietary FAS Buy/Sell Indicator
The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.
For The Special Report: Natural Gas Harmonic Convergence and a complementary 6 week trial subscription offer click here.