NATURAL GAS Time to start selling?

2021年9月16日

Natural Gas has been one of the most profitable trading assets of the year offering great returns to our long-term portfolio. On a long-term scale though (1W time-frame on this chart) it has starting to form a peak pattern, which we have seen previously in the past 20 years.

I've plotted the Sine Waves on the chart to more efficiently illustrate NG's long-term cycles. Currently it is within a Bull Cycle having formed a Golden Cross (MA50 crossing above the MA200) in June. However after every 1W Golden Cross since 2000, the market made a Top shortly after. We have three very clear cyclical occasions as you see on the chart. On top of that the current 1W RSI sequence is very similar to these past top formations.

Our thesis is that Natural Gas has or is very close to forming a long-term Top and we are starting to take sell positions on that market.



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