Natural Gas is Bearish Within Overall Bullishness. 9/20/21

On a macro basis: The decent trade above 2661 (-.5 of a tic per/hour) brought in 2989 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 2850 tics of this. The trade above 2896 (+.5 of a tic per/hour) brought in 2734 tics of the continued strength we were looking for above. We held exhaustion at 2910-894 with a 2914 low and rallied for 2715 tics. We left a medium-term bullish reversal below on 6/1 that warned of renewed strength for days/weeks. We have seen 2564 tics so far. The decent trade above 3108-09 projects this upward 85 tics minimum, 210 tics (+) maximum. We attained 2520 tics of this. The decent trade above 3304 (+1 tic per/hour) brought in 2348 tics of strength. The decent trade above 3712 (-.5 of a tic per/hour) warned of renewed strength. We have attained 1917 tics of this. We have seen 1660 tics of the strength warned about from 3969. These are ON HOLD.

On a shorter-term basis: We basically held exhaustion at the low with a 3751 low and bounced into a lower time frame bullish trend. The decent trade above 3930 (-1 tic per/hour) projects this upward 50 tics minimum, 175 tics (+) maximum. We attained 1699 tics. These are ON HOLD. The decent trade below 5339 (+4 per/hour) warn of decent pressure. We have seen 419 tics so far. If we break back above decently, look for decent strength to come in. This will come in at 5444 (+3.5 per/hour starting at 9:00am).

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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