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Natural Gas recently broke above its multi-year falling channel and above its 50% Fibonacci retracement line and now is breaking above another resistance line at (2)in the above chart.
Can “Inverse Head & Shoulders” be powerful and rewarding? Shared the chart below with Sector Commodity Sentiment members last year.
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This chart reflected a bullish inverse head & shoulders pattern with only very few investors bullish in June of 2012 (see post here) The Power of the Pattern was reflecting a powerful bullish set up was at hand…results- NG is up 89% since the posting!
If you are an investor that is looking for research that can help spot favorable patterns when sentiment is at extremes, check out our Sector/Commodity Sentiment research report that is available for $29 a month. (Sector report here)
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