
Natgas is known as the “widow maker” due to its volatility. Having said that, Natgas delivered a buy signal this week.

Nagas had been selling off since early June. It printed its lowest point on Monday, day 44, placing it very deep in its timing band for a DCL. Nagas formed a swing low on Tuesday. It closed above the 10 day MA on Wednesday and delivered bullish follow through on Thursday so we will label day 44 as the DCL. In the Weekend Updates I will discuss why I think that Monday was not only its daily cycle low, but also its intermediate cycle low and possibly its yearly cycle low.
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