🤷♂️ NatGas Update Longer Term The bullish long-term trend can choose different paths. Of course many of us on the bull side would like it to go straight up. Unfortunately I already see indications of possible diagonal in the making which would be more difficult to trade.
One of those indications is an anemic wave 2 which can turn out to be wave as indicated in black.
As we travel along the chart I will be looking for cues which scenario we are in. Stay tuned.