Natural Gas: Possible Mega-Bullish Formation
Petros Steriotis | Aug 17, 2022 04:13AM ET
It is hard to counter the natural gas trend as a bullish, inverted head and shoulders formation is about to be tested on the daily chart. Roughly speaking, trading above $10 would convince even the biggest naysayers that this market has ways to go. In contrast, a swift return of the sellers -liquidating buyers or new shorts, it doesn’t really matter- at these levels would break this “turned red hot” energy market.
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