The blue resistance line will be touched for the 4th time very soon and most of them are broken on the 4th to my experience. The upward channel looks beautiful too. Please note that I use log scale in my channels on commodities.
Tuesday, 5 March 2013
NATGAS love..
I have been interested in NATGAS since 1 year. I do not believe in the shale gas revolution which is claimed to keep the prices below $4 for the next 10 years. I'm extremely bullish on this commodity and it might be ready for the next leg up.
The blue resistance line will be touched for the 4th time very soon and most of them are broken on the 4th to my experience. The upward channel looks beautiful too. Please note that I use log scale in my channels on commodities.
The blue resistance line will be touched for the 4th time very soon and most of them are broken on the 4th to my experience. The upward channel looks beautiful too. Please note that I use log scale in my channels on commodities.
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