Natural Gas is Bullish 6/18/21
On a macro basis: We are in a bull trend. The decent trade above 2661 (-.5 of a tic per/hour) brought in 708 tics of higher trade. We left a medium-term bullish reversal below on 6/1 that warns of renewed strength for days/weeks. We have seen 302 tics so far. The solid trade above 3228-54 projects this upward 780 tics minimum, 1900 tics (+) maximum. Trade back below where this comes in at 3250 by 110 tics will negate this. These are all OFF HOLD.
On a shorter-term basis: The decent trade above 3787-99 is starting to bring in some of the strength warned about above.
NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.
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