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Natural Gas is in Consolidation Within Bearishness 1/25/22

On a macro basis: The decent trade above 2661 (-.5 of a tic per/hour) brought in 3805 tics of higher trade. I noted the week of April 26th we also broke back above a significant formation on the Weekly charts at 2779 that warned of continued strength in general—we have seen 3687 tics of this. We left a medium-term bullish reversal below on 6/1 that warned of renewed strength for days/weeks. We have seen 3399 tics from 3067 so far. All the above roll into the March contract and are ON HOLD.

On a shorter-term basis: The trade below 5186 (+4 tics per/hour) brought in 1574 tics of the pressure warned about below so far. This rolls into (H).The decent trade below 4095 (+2.5 tics per/hour) has brought in 466 tics of the decent pressure we are looking for below. Decent trade above 4114-35 (-1 tic per/hour starting at 7:00am) will project this upward 520 tics minimum, 1500 tics (+) maximum; but if we break below here decently and back above decently, look for decent short covering. There is a minor formation coming in below at 3774 (+2.3 tics per/hour starting at 7:00am), a decent break below which will warn of continued pressure, but I will stop short of suggesting leaning against it as a short. There is also a minor formation coming in above at 3848 (-2.5 tics per/hour starting at 7:00am), a decent trade above which will warn of higher trade, but I will stop short of suggesting leaning against it as a long. Both of these however, I would fade if we fail.

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.

Commodities trading involves a substantial degree of risk and may not be suitable for all investors. Michael Moor does not guarantee profits and is not responsible for any trading losses of subscribers. No representation is made, stated or implied, that any investor will achieve results, profits or losses, even remotely similar to hypothetical results. Past performance is by no means indicative of future results. Information provided in this newsletter is not to be deemed as an offer or solicitation with respect to the sale of purchase of any securities or commodities. Any copy, reprint, broadcast or distribution of this report of any kind is strictly prohibited without the express written consent of Michael Moor. Michael Moor may execute transactions in a proprietary trading account that may be consistent or inconsistent with the contents of the newsletter. The content, statements, and viewpoints expressed in this publication are those of Michael Moor solely in his individual capacity and are not attributable to any person or entity other than Michael Moor

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