The Great Cryptocurrency Conspiracy of 2018....The truth, the whole truth, and nothing but the truth about cryptocurrencies—and how Wall Street and Washington are covering it up....Register Here for this FREE Event

Friday, March 8, 2013

Natural Gas....Is it time to trust the bullish Trade Triangles?

Today we are going to take a look at the technical picture of Natural Gas (NG.J13.E) and analyzing it using the MarketClub Trade Triangles. Natural gas found support at a double bottom level, has moved higher, and put in a weekly MarketClub green Trade Triangle, which is bullish.

If natural gas continues higher and breaks through resistance, it would put in a monthly MarketClub green Trade Triangle, which would be even more bullish. The MACD is on a buy signal and right now everything is pointing to higher prices for natural gas. This is a chart to watch, as big things look to possibly be in store on the upside for natural gas.

Click here to sign up for your own trial of the MarketClub Trade Triangle technology!

No comments: