Natural Gas: Hurst Cycles - 16th November 2022

Price collapses to our target of 5.73 and support around the 18 month FLD is imminent. An adjustment to the phasing suggests the low as a more probable position for the 40 week component trough

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced) | Principle of Nominality | Underlying Trend

Analysis Summary

US Natural Gas collapsed in late October from a very weak 40 day component, described in our last report as a reliable signal from the phasing analysis. Price reached the 20 week FLD cross target of 5.7…