NatGas: Seeing the forest
NatGas moves in great cycle periods of 12 years. Current 12 year cycle started in 2017 and will end in November 2029.
Yes, the actual low occured in 2016, but that was due to a different, smaller, agressive cycle.
As traders, it is Critical to know whether we are in a long term bull-market or a long-term bear market.
Currently price have been consolidating over longer periods of time. In these times, we get prolonged ranging markets. Now, that we have the forest in Place, we can start considering the trees.
Yes, the actual low occured in 2016, but that was due to a different, smaller, agressive cycle.
As traders, it is Critical to know whether we are in a long term bull-market or a long-term bear market.
Currently price have been consolidating over longer periods of time. In these times, we get prolonged ranging markets. Now, that we have the forest in Place, we can start considering the trees.
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