Chris not only nailed his call, but it was perfectly timed too. Here’s a glimpse into the incredible move that Chris says comes next for natural gas…
Just about seven days ago we alerted all of our followers to a massive breakdown move that was about to unfold in Natural Gas. At that time, we predicted the price of Natural Gas would break below $4.30 and fall quickly towards the $3.00~3.20 level. Taking a look at that call now, with the price below $3.60, it seems our analysis was perfectly timed.
This Daily Natural Gas chart highlighting our predictive Fibonacci price modeling system shows the downside price targets that are waiting to confirm price support and a potential “deep V bottom formation”. If you recall from our earlier research, we believe this downside move will end rather quickly with a deep V type of price bottom setting up near the end of 2018. This means we expect the price of Natural Gas to begin to rally into 2019 after reaching the $3.00~3.20 level soon.
This is an incredible move for skilled traders. We are watching a $2.50 price move in Natural Gas unfold right before our eyes – and it appears this rotation will complete before the end of February 2019. -$1.40 to the downside, then +1.20 to the upside. Just follow the predictive modeling systems and ride it out.
We’ll alert you when the bottom sets up and when the upside move it about to unfold, but for now, we are watching for NG to move into the support zone (near $3.20). Once that level is reached, a technical price bottom should start to set up and the new rally back towards $4.00 will likely start in early January 2019.
Want to learn how our advanced price modeling tools can make calls like this weeks and months in advance? Visit www.TheTechnicalTraders.com to learn about our research, services, daily videos, and more solutions to help skilled traders stay ahead of these market moves. Our advanced predictive modeling solutions and years of market research provide our members with a clear advantage you won’t find anywhere else. Consider joining our services as a Christmas Gift to yourself!
Technical Traders Ltd.
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and author of the book: 7 Steps to Win With Logic
Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better.
His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility.
He has also been on the cover of AmalgaTrader Magazine, and featured in Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites.
Disclaimer: This material should not be considered investment advice. Technical Traders Ltd. and its staff are not registered investment advisors. Under no circumstances should any content from websites, articles, videos, seminars, books or emails from Technical Traders Ltd. or its affiliates be used or interpreted as a recommendation to buy or sell any security or commodity contract. Our advice is not tailored to the needs of any subscriber so talk with your investment advisor before making trading decisions. Invest at your own risk. I may or may not have positions in any security mentioned at any time and maybe buy sell or hold said security at any time.