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Chart of the Week: Natural Gas

thetechnicaltake's picture




 

Given the technical set up  -- a break out above a cluster of negative divergence bars in an issue with a rising trend already (i.e., a series of rising lows) – and given the speculative, easy money, QE induced, the Federal Reserve has my back frenzy already gripping the markets, it would not surprise me to see natural gas accelerate higher and actually tag our price targets.

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cow 3.17.13 from ARL Advisers, LLC on Vimeo.

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Tue, 03/19/2013 - 12:58 | 3347898 steve from virginia
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I have two words for ARL Advisors:

 

Art Berman.

Tue, 03/19/2013 - 12:14 | 3347544 otto skorzeny
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we should fuel our vehicles w/NG much like we use corn as fuel-that has worked out so well as far as food/meat prices skyrocketing. I'm sure this clusterfuck/govt subsidized boondoggle won't send NG for home heating to the moon as far as prices go. there are only so many orifices the US consumer can be raped in.

Tue, 03/19/2013 - 09:55 | 3346665 DUNTHAT
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COT breakdown for Natural Gas...

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