The video below is a capture from the London Live Session group 2 held on September 8th by Daud Bhatti. Daud presented Elliott Wave count of Natural Gas, counted the swings and explained our trading strategy. Natural Gas (NG #F) trading strategy Currently the price is showing 5 swings from the 08/4 low (2.753 low) […]
NG #F (Natural Gas) rally is not over yet
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at 3.089 and wave X completed at 2.882. Up from red X low, Natural Gas is showing 5 swings up which means the sequence is incomplete […]
Natural Gas ($NG_F) ready for winter rally?
Cold winters drive the demand for natural gas to power heating ovens or to generate electricity from natural gas to power heaters. The nymex natural gas prices reached a 17-year low of $ 1.64 on March 3, 2016, due to mild weather, weak demand, strong supplies and high inventories. As of December 1, prices rose […]
