Just saw this: TURKEY RAISES NATURAL GAS PRICES BY 44.3% FOR ELECTRICITY GENERATION ~ BBG *TURKEY HIKES NATURAL GAS PRICES BY 35% FOR HOUSEHOLDS *TURKEY HIKES NATURAL GAS PRICES BY 50% FOR FACTORIES This in an economy where inflation Y/Y is above ...

What was the result here mailman? Did you win?

NG falling after inventory data but now on the trendline support on 4H chart: Here is 1M chart, which shows a fall Pre and post data:

Nice chart. Here are additional evidences which indicate $65 could break - Death cross, where lower time frame MA is below its higher time frame MA - MACD not oversold yet. - $65 is the line in the defense below which we could see an ugly day. ...

NG is in a nice uptrend which is likely to extend further.

Someone sent me this EW chart on WTI which says that it is possible that a 5 wave advance from 2020 lows have been done.

WTI has moved into a 76-70 trading range and is likely to stay sometime within the range, while remaining in an overall uptrend.

Nat Gas's current trading range within an overall uptrend:

WTI's current trading range and old highs are likely to be retested and even surpassed:

After today's rally, WTI is up close to 57% in 2021.

Within an overall uptrend, Crude is facing resistance currently and a rally above that would accelerate the upside momentum and target $75+

NG had an extremely sharp up move post the inventories data and is now near the top end of the trend channel.

Yeah! It tested the bottom end of the range yesterday and now perhaps headed towards the upper end. Big test for the uptrend will come with Nat Gas Inventories data which is due later today.

Got stopped out here, but now it looks a drop towards $58 is underway.

Nat Gas is rallying in a channel. While staying in an uptrend, in the short term, the concern is that the upper end of the trend channel was tested yesterday so perhaps bottom end may be tested over the next few days.

WTI broke above its range on the 4H chart and is sustaining. Going long with a stop below $61.90. Target based on daily chart being nearly $66.50. Trade offering good risk-reward. 4H chart: Daily Chart:

WTI was coiling in a triangle over the last couple of few weeks and appears to be headed up if the upside breakout sustains: