- Market Twists & Turns by BraVoCycles Newsletter
- Posts
- NG – A Widow Maker
Sponsored by
Thank you for your responsiveness to our sponsors’ and partner ads, it greatly helps us to publish this newsletter for free.
Today we have a message from:
Clear. Concise. Unbiased. 1440's FREE newsletter.
Tired of news with a slant? Struggle to find the truth in a sea of sources? Get a daily dose of unbiased facts with 1440. Explore various topics like politics, business, and science. Be part of the 3 million informed Americans every morning.
NG – A Widow Maker
· The natural gas market can be volatile. Prices can fluctuate significantly due to various factors, such as weather, geopolitical situations, and supply/demand imbalances.
· This volatility can be risky for businesses or individuals heavily invested in natural gas, potentially leading to financial ruin. In a figurative sense, this financial loss could be seen as similar to losing a spouse (hence, figuratively the "widow maker").
· As you can see from the weekly NG chart below, from the mid-2020 low to the mid-2022 peak, NG rose about 525%! Then from that peak
· The weekly cycles suggest that NG should turn up soon, not precluding a lower low first.
· The chart further below represents the detrended seasonality for NG. NG usually rallies in April when new contracts are signed. However, that was not the case this year.
· From June-Jully until later in the year the cycles and the seasonality will be in synch and pointing up.
· It looks like a nice opportunity is developing in the “widow maker”
Don’t forget to upgrade to premium to get even more in-depth analysis 4x/week!
If you’re into crypto, #Subscribe to this #FREE #newsletter with just your email. Just click the image below.
|
Read our Disclaimer
Reply