Longer-Term View of Natural Gas Argues for Upside Potential

From a very big-picture perspective of Natural Gas, let's notice the rounded bottom that arguably started in early 2009.

The juxtaposition of my 10- and 40-week EMAs, which shows that a positive cross-over occurred in mid-Dec. 2013, the first such positive longer-term EMA signal since the bear market began after the June 2008 high at 13.69.

My weekly-pattern work suggests strongly that nearby Natural Gas is poised to accelerate to the upside towards 5.00-5.20 next.

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