Last trade: + 22.59% | 'B' class signal detected in US Natural Gas. Average wavelength of 110 days over 9 iterations since July 2021. Currently troughing.
Hi David, you have natgas troughing roughly Feb 14 while your Feb chart has it peaking Feb 14 ( both 110 days cycle). I assume you meant to show green ( trough) not red ( peak) on your Feb chart as you now have it shown.
I'm not sure I follow Leopold. Could you link to the post where a trough is specified mid Feb? Next update for NG for this wave is due tomorrow (14th) and is a cycle peak
All good. Probably confusing as price has retraced the move up completely since, the PRICE peak being heavily left translated it seems. Will look closer tomorrow.
Hey Mel, price action will take care of itself over the course of the cycle, it is not something I pay that much attention to - aside from when talking in the context of relative amplitude or 'volatility' and modulation.
Hi David, you have natgas troughing roughly Feb 14 while your Feb chart has it peaking Feb 14 ( both 110 days cycle). I assume you meant to show green ( trough) not red ( peak) on your Feb chart as you now have it shown.
I'm not sure I follow Leopold. Could you link to the post where a trough is specified mid Feb? Next update for NG for this wave is due tomorrow (14th) and is a cycle peak
Sorry, my bad, you are correct you have Feb 14 in the natgas analysis as cycle peak. I read it wrong.
All good. Probably confusing as price has retraced the move up completely since, the PRICE peak being heavily left translated it seems. Will look closer tomorrow.
Based on current p/a, how do you see the next few weeks playing out? Thank you in advance :)
Hey Mel, price action will take care of itself over the course of the cycle, it is not something I pay that much attention to - aside from when talking in the context of relative amplitude or 'volatility' and modulation.