Natural Gas - 27 November 2024
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
Natural Gas - in a 40 day cycle peak zone.
Natural Gas has rallied well from the end October 80 day cycle trough and the 80 day FLD up-cross in mid-November targets 3.23 versus current price of 3.34. We are looking for a 40 day cycle peak around current levels and then a pullback.