May 21, 2018 - 1:00 PM EDT
Print Email Article Font Down Font Up
Natural Gas Flashes Buy Signal with Cycles Confirming

Our research team has been following the energy sector quite intensely with Oil and Natural Gas making an impressive move. A little known seasonal pattern in Natural Gas has setup recently and we are in this play which is already up over 16% from our entry. Our advanced price modeling systems and Adaptive Dynamic Learning Cycles have recently triggered another buy entry point which we share in this article but first look at the seasonal chart showing the month which Natural Gas is generally strong.

This seasonality table refers to particular time frames when commodities are subjected to and influenced by recurring tendencies that produce patterns each year.

image

It is our belief that Natural Gas will continue to climb higher moving well above the $3.00 level before the end of this month as well as potentially pushing well above the $3.20 level on continued price advances in energy.



Quite a bit of concern globally is driving energy supply fear that is pushing energy prices higher. This unique seasonal pattern indicates the potential for some strong upside price moves. We believe smart traders were already positioned for this move weeks ago, yet there is still quite a bit of opportunity from the recent entry point. See the left side of chart; below with oversold pullbacks.

image

A price move from current levels to above $3.00 would reflect an additional 4~6% price gain and an advance above $3.20 would reflect an 11% price advance. Again, our predictive price modeling systems and cycle modeling systems are showing us this has the potential for quite a bit more, but we can only estimate the $3.00 to $3.20 level is a sufficient upside target for this initial move.

The nice thing about natural gas is that we find it very disconnected from currency value changes or the stock market meaning it does not matter what stocks are doing, natural gas always does its own thing.

If you would like help finding trade triggers like this and help to know what to expect each day in the markets visit us at www.TheTechnicalTraders.com.We'll help you to understand the market dynamics as the markets move, we'll provide you with a comprehensive daily market video to show you what to expect and we'll continue to provide you with this simple yet highly effective market research and analysis to help you stay ahead of the market moves.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Source: Equities.com News (May 21, 2018 - 1:00 PM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice