NGAS: Will Demand for Natural Gas Increase With Climate Change?
Updated
Natural Gas's all-time price action/chart suggest that it is due for a sizeable, generational bull run, to start within the next 3 years. One could blame it on war or climate change or politics but I am not smart enough to determine which may be the actual cause, if any. I can instead deduct from NGAS' wavemap that we are unlikely to enjoy the low prices we've seen during the early 90s or at late as Spring 2020.
I've never looked at an inflation chart or have been able to determine what's next for us in that regard but I think this commodity alone can give us some decent expectations. What happens if/when it costs 20x more to keep your home cool in the summer (or warm in the winter)?
With an extended diagonal wave in primary Wave 1 of NGAS, we can expect that primary Wave 3 will be likely extended beyond the 1.618 level. We cannot say that this will occur for sure but it is as likely as it ever is. After finding possible support below $5 in 2024, this commodity could make citizens want to hit the rewind button irl. By 2037-2040, Natural Gas could and should be more than the price of Oil.
At this point and time, I genuinely believe that NGAS will go 40X within the next 15 years. This is indication that I've found through continued analysis of price action. I have no reason to doubt this perspective but am well aware that it could be invalidated upon any given day. For continued analysis of this worldwide commodity and help with taking advantage of a possibly upcoming generational swings, come surf with me and the Digital Surf Trading Community.
I've never looked at an inflation chart or have been able to determine what's next for us in that regard but I think this commodity alone can give us some decent expectations. What happens if/when it costs 20x more to keep your home cool in the summer (or warm in the winter)?
With an extended diagonal wave in primary Wave 1 of NGAS, we can expect that primary Wave 3 will be likely extended beyond the 1.618 level. We cannot say that this will occur for sure but it is as likely as it ever is. After finding possible support below $5 in 2024, this commodity could make citizens want to hit the rewind button irl. By 2037-2040, Natural Gas could and should be more than the price of Oil.
At this point and time, I genuinely believe that NGAS will go 40X within the next 15 years. This is indication that I've found through continued analysis of price action. I have no reason to doubt this perspective but am well aware that it could be invalidated upon any given day. For continued analysis of this worldwide commodity and help with taking advantage of a possibly upcoming generational swings, come surf with me and the Digital Surf Trading Community.
Comment
NGAS looks for Wave 5 finish + reversal: Comment
NGAS prepares for heavy slide before the bull never-ending boom.Comment
Wave 2 (of Wave 3) correction for NGAS is in full effect and seems to be coming deeper than initially anticipated. Considering the levels already achieved in Wave A, I think its pretty safe to assume that Wave C will end near the 0.618 fib level, along the mid $3.00 range.This will likely be the last time we see Natural Gas below $5.
Comment
Upside motion may not be done just yet.
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