TheTrex Trading Channel

NATGAS - The Ascend

Okay.. That got rejected, seems it wants to go lower. We didn't see the strength needed to head up higher, so will turn into a multi week correction.

I checked out the fractal of platinum, it might be done correcting and ascending higher now. That will include gold and silver as well! 👀

Lets see when we will hit 4-5 USD on NATGAS. It's used both for cooling and heating + electricity generation. Volatile weather far from baseline 'mild' makes this highly plausible trade.

That's going to be extremely bearish for Germany. Caution on EU manufacturing stocks, that use lots of energy.

NATGAS buying is finished. Nasty bullish fractal will kick off, for gains nice but economy-wise terrible.

Crypto bullishh, seems bulls really pushing it. Looks strong for sustained continuation.

GOLD, seems to retest the breakout line. With yields continuing to go up (looking at you JAPAN), it could still suppress metals. I don't think it will keep suppressing it, once US markets start to look shaky people naturally flock to safe haven assets. https://www.tradingview.com/chart/MGC1!/uu8htmLP-XAUUSD-Gold/

Update, the chart pumped but since Bitmex BTCUSD winded down, the chart has not been updating anymore since 16 Sept.

Looks like we are ALMOST ready to roll guys.

We got 5 days left to buy and enter NATGAS based on seasonals! ⏰

Platinum correction has started! Bonds yield going up puts pressure on assets like these.

UPDATE on USOIL https://www.tradingview.com/x/cqKBQkz1/