It's no brainer that Natural Gas leading indicator is Russia or shall we say Putin. I'm sure y'all heard reports of Putin sending more army into Ukraine in hopes to regain back some of the territory, this alone should be a clear message that Putin is willing to go to extensive measures to win and that's including using nuclear weapons. We can go on and on about politics, my focus is not entirely there.
What I've been looking at closely is the whole energy sector being on a continuous frenzy, particularly Gas. It's currently flat and attractive, on a technical basis the wave indicates the end of the upside correction but many will see that huge H&S which is highly possible it could pan out and if it does happen we are look at a -10% drop which is unlikely.
What I've been looking at closely is the whole energy sector being on a continuous frenzy, particularly Gas. It's currently flat and attractive, on a technical basis the wave indicates the end of the upside correction but many will see that huge H&S which is highly possible it could pan out and if it does happen we are look at a -10% drop which is unlikely.