My Account

Support

06-12-2022

The price of Natural gas continues to move down confidently within the expectations, and it is possible that as part of a large impulse wave of decline, the impulse part of the next pattern is developing in the form of a 5-3 formation down by a degree lower.

If the current assumption continues to receive support, then after the completion of the local downward momentum, we should expect a corrective pullback up.

Nymex.ng 2Nymex.ng 6

29-11-2022

The price of Natural gas performed a downward movement, and almost immediately returned back, and it is still possible that only now the formation of a medium-term corrective wave of growth is being completed.

If the current assumption receives support, then, soon, perhaps after the formation of another new maximum, the cost of gas will perform a confident downward reversal.

Nymex.ng 2 8Nymex.ng 6 8

24-11-2022

The price of Natural gas could not resume its downward movement, and within the framework of the previously indicated alternative scenario, it updated the local maximum, and it is possible that only now the formation of a medium-term corrective wave of growth is being completed.

If the current assumption receives support, then, soon, perhaps after the formation of another new maximum, the cost of gas will perform a confident downward reversal.

Nymex.ng 2 7Nymex.ng 6 7

22-11-2022

The natural gas price has updated the local maximum and it is likely that it is in the stage of completing the first pattern in the form of a 5-3 formation down.

If this assumption is supported, then after the completion of this pattern, we should expect a confident continuation of the medium-term downward trend.

It is also still worth understanding that the correction by a degree older can still continue its development, which in turn can lead to continued price growth.

Nymex.ng 2 6Nymex.ng 6 6

17-11-2022

The Natural gas price is likely to be at the stage of completing the first pattern in the form of a 5-3 formation down.

If this assumption is supported, then after the completion of this pattern, we should expect a confident continuation of the medium-term downward trend.

Nymex.ng 2 5Nymex.ng 6 5

15-11-2022

The Natural gas price is likely to be at the stage of completing the first pattern in the form of a 5-3 formation down.

If this assumption is supported, then after the completion of this pattern, we should expect a confident continuation of the medium-term downward trend.

Nymex.ng 2 4Nymex.ng 6 4

10-11-2022

The natural gas price, although without updating the local maximum, nevertheless, within the framework of the scenario under consideration, confidently resumed its downward movement, and it is possible that the previously considered correction has taken a completed form, and the current decline is the beginning of the development of the first pattern in the form of a 5-3 formation down by a degree lower.

If this assumption is supported, the completion of this pattern will be a good basis for a confident continuation of the local downward trend.

Nymex.ng 2 3Nymex.ng 6 3

08-11-2022

The natural gas price has updated the local maximum, thereby fulfilling the minimum conditions for completing the wave of corrective growth, but it is still possible that the development of the corrective part of the medium-term pattern continues in the form of a 5-3 formation downwards, which will take a completed form when the local maximum is updated.

That is, although the price decline may begin without updating the local maximum, the formation of a new maximum will become a more acceptable sign for the resumption of the downward trend.

Nymex.ng 2 2Nymex.ng 6 2

03-11-2022

The price of Natural gas continues to remain in the area of the levels reached, and it is still possible that the development of the corrective part of the medium-term pattern in the form of a 5-3 formation down continues.

If the current assumption continues to receive support, then most likely the price will be in the stage of corrective growth for some time, the result of which will be a confident resumption of the downward movement of the gas price.

Nymex.ng 2 1Nymex.ng 6 1

01-11-2022

The natural gas price has performed a relatively confident upward movement, and within the adjusted scenario on the charts of higher degrees, it is possible that only now the development of the impulse wave of decline as part of the first pattern in the form of a 5-3 formation downwards has been completed, and the development of the corrective part of this pattern has begun.

If the current assumption continues to receive support, then most likely the price will be in the stage of corrective growth for some time, the result of which will be a confident resumption of the downward movement of the gas price.

Nymex.ng 2Nymex.ng 6

27-10-2022

The price of Natural gas continues to grow locally, and it is still possible that at the moment the development of a corrective upward pullback as part of an impulse wave of decline is being completed or has already been completed.

If the current assumption continues to receive support, then after the completion of the third wave of decline, the price may enter the stage of a relatively protracted corrective wave of growth as part of a downward momentum of a degree older.

Also, do not exclude the possibility that the current correction may be a corrective pullback of a degree older.

Nymex.ng 2 5Nymex.ng 6 5

25-10-2022

The price of Natural gas confidently continued to move down, and at the moment has already entered the stage of development of a series of corrective pullbacks and as part of the continuation of the local downward trend.

If the current assumption continues to receive support, then after the completion of the local correction, we should expect the downward trend to continue.

Nymex.ng 2 4Nymex.ng 6 4

21-10-2022

The price of Natural gas confidently continued to move down, and at the moment we should expect the development of a series of corrective pullbacks and as part of the continuation of the local downward trend.

If the current assumption continues to receive support, then after the completion of the third wave of decline, the price may enter the stage of a relatively protracted corrective wave of growth as part of a downward momentum of a degree higher.

Nymex.ng 2 3Nymex.ng 6 3

18-10-2022

The price of Natural gas confidently continued to move down, and at the moment it is worth considering a scenario with the development of a series of the first 1-2 1-2 waves of decline as part of the downward momentum.

If the current assumption continues to receive support, then in the near future, without significant rollbacks, the cost of gas will continue to move down the local trend.

Nymex.ng 2 2Nymex.ng 6 2

12-10-2022

The natural gas price has performed a local downward pullback, and it is still possible that the correction continues to develop as part of the downward momentum.

That is, although there is a high probability of continuing the development of a large diagonal upward, if the current assumption is supported, then in the near future the cost of gas may continue its corrective growth, after which the price will resume its downward movement.

It is also not necessary to exclude the possibility that the current correction may be the second series of the first 1-2 1-2 waves of decline, so the downward trend may be strengthened.

Nymex.ng 2 1Nymex.ng 6 1

06-10-2022

The price of Natural gas performed an upward rebound, and it is possible that the development of the final corrective wave of growth began as part of the expected downward momentum.

That is, although there is a high probability of continuing the development of a large diagonal upward, if the current assumption is supported, then in the near future the cost of gas may continue its corrective growth, after which the price will resume its downward movement.

Nymex.ng 2Nymex.ng 6

December

The gas price is trying to perform a downward reversal, and it is possible that the development of a series of impulse waves of decline has begun.

If the current assumption continues to receive support, then, soon, we should expect a relatively confident downward movement of the price.

Nymex.ng D

November

The gas price, after a steady downward movement, performed a relatively high upward pullback, and although this fact may increase the potential for the implementation of an alternative scenario, nevertheless, with a slight stretch, we can continue to consider the option according to which the impulse wave of decline has taken a completed form, and the current growth is a correction to it.

If the current assumption continues to receive support, then most likely the price will be in the stage of corrective growth for some time, the result of which will be a confident resumption of the downward movement of the gas price.

Nymex.ng D

October

The gas price continued to move down, and although it is possible to consider a scenario according to which the previously considered diagonal has already taken a completed form, it is still not necessary to exclude the possibility of a resumption of price growth.

But, if the current assumption is supported, the completion of the impulse decline may support the current assumption, according to which the development of the first pattern began in the form of a 5-3 formation down.

Nymex.ng D

December

The gas price is trying to perform a downward reversal, and it is possible that the development of a series of impulse waves of decline has begun.

If the current assumption continues to receive support, then, soon, we should expect a relatively confident downward movement of the price.

Nymex.ng W

November

The gas price, after a steady downward movement, performed a relatively high upward pullback, and although this fact may increase the potential for the implementation of an alternative scenario, nevertheless, with a slight stretch, we can continue to consider the option according to which the impulse wave of decline has taken a completed form, and the current growth is a correction to it.

If the current assumption continues to receive support, then most likely the price will be in the stage of corrective growth for some time, the result of which will be a confident resumption of the downward movement of the gas price.

Nymex.ng W

October

The gas price continued to move down, and although it is possible to consider a scenario according to which the previously considered diagonal has already taken a completed form, it is still not necessary to exclude the possibility of a resumption of price growth.

But, if the current assumption is supported, the completion of the impulse decline may support the current assumption, according to which the development of the first pattern began in the form of a 5-3 formation down.

Nymex.ng W

2022

The price of natural gas within the framework of the assumption under consideration is likely to have completed the development of a corrective wave of growth.

That is, it is still possible that this correction has taken the form of a double triple with a FL – X – FL structure, and if this assumption is supported, then soon the cost of gas will form the first pattern in the form of a 5-3 formation down, which will become the basis for a long–term price reduction.