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Showing posts from March, 2024

NatGas Week : Continuation

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Into The New Quarter · · · · · · · · · · · · · · Saturation : Gas & Gold

Gold Week : Second Stage

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UPDATE : THURSDAY 4 APRIL Optimum Pull Back : Gold Optimum Pull Back : Silver Consolidation Now? · · · · · · · · · · · · · · Saturation : Gas & Gold

NatGas Week : Deeper?

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Critical Support : Golden C · · · · · · · · · · · · · · Saturation : Gas & Gold

Gold Week : Pull Back

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Run, Wiley, Run! · · · · · · · · · · · · · · Saturation : Gas & Gold

Gold Week : Wedge Rocket

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JRB's Shallow Pull Back !! · · · · · · · · · · · · · · Saturation : Gas & Gold

NatGas Week : My Take

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MANIPULATION After the normal looking November NatGas high, a natural corrective downtrend began, soon to become the collapse which initially stalled in December. Relatively strong rallies into early January were negatively punctuated by a bearish pin bar top. Then a more severe downtrend ensued. This was fueled by Biden's late January revelation that new LNG licensing will be restricted – an edict obviously planned for months in advance. The most bullish aspect of near-term NatGas pricing was dealt a knockout blow. Many top shelf analysts were caught off guard, with the exception of some Elliott Wave mavens. My guess is that this market is being driven to extreme lows so that deep pocket manipulators can attempt to monopolize our most viable energy resource. Future details will be documented here. TLT Head & Shoulders Muted (38.2%) Short Cover Rally · · · · · · · · · · · · · · Saturation : Gas & Gold

Gold Week : March Onward

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First Post · · · · · · · · · · · · · · Saturation : Gas & Gold

NatGas Week : Sour Turn

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Thursday Gas Report Plunge Dollar Turn? Early Monday Morning Tech Topping? Bearish 3-Drive Expander · · · · · · · · · · · · · · Saturation : Gas & Gold

NatGas Week : Breakout!

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Monday Update Gartley (Golden) C  · · · · · · · · · · · · · · Saturation : Gas & Gold