NatGas: Pretty in Pink
NatGas would look really pretty in pink, wouldn’t it? Therefore, it should proceed to move downwards to complete wave ii in pink in the upper pink zone between $6.055 and $5.325. Afterwards, it should turn around and climb upwards, crossing the resistance at $6.786 and heading for the next one at $8.118. There is a 33% chance, though, that NatGas could acquire taste for more pink, drop below the support at $5.325 and into the lower pink zone between $4.835 and $4.205.
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