Nat Gas on Verge of Breakout

Look!  My weekly Nat Gas set up is on the verge of trigger a major buy signal as the price structure attempts to emerge from a 14 month sideways digestion period in the aftermath of the upmove from March 2016 at 1.61 to Dec. 2016 at 3.83. Should NG hurdle resistance lodged between 3.21 and 3.32, it will trigger upside potential to 4.50, which probably will mean that frigid temps across that country are combining with huge draw-downs to create a perfect Winter Storm for upside price action.

1 26 18 Weekly NG GIF
1 26 18 Weekly NG GIF

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