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Natural Gas is Poised for Short Covering 12/20/21

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. The trade above 2896 (+.5 of a tic per/hour) brought in 3570 tics of the continued strength we were looking for above. We held exhaustion at 2910-894 with a 2914 low and rallied for 3552 tics. 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. The decent trade above 3108-09 projects this upward 85 tics minimum, 210 tics (+) maximum. We attained 3357 tics of this. The decent trade above 3304 (+1 tic per/hour) brought in 3162 tics of strength. All the above are ON HOLD.

On a shorter-term basis: The decent trade below 5186 (+4 tics per/hour) has brought in 1556 tics of the pressure warned about below so far. The decent break below 4833 (-2.8 tics per/hour) warned of further pressure—we have seen 1102 tics of this so far. The maintained gap lower on 11/29 left a minor bearish reversal above. The decent trade below 3847 (+1.5 tics per/hour) brought in 208 tics of the pressure warned about. These are ON HOLD. The decent trade above 3752 (+.6 of a tic per/hour) warns of decent strength. Decent trade above 3896 (-1.5 tics per/hour starting at 8:00am) should bring in continued strength.

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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