Natural Gas - 27 November 2024

Macro Updates Nov 27, 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.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.