by Chris Kimble | Apr 23, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Almost a year ago the Power of the Pattern alerted Members and then shared with blog viewers that a bullish inverse head & shoulders pattern was taking place in Natural Gas (see post here) Over the past year Natural Gas has rallied...
by Chris Kimble | Apr 11, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE 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...
by Chris Kimble | Mar 22, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Natural Gas has been moving strongly higher of late, breaking above falling channel resistance line (1) for the first time in years. Now NG faces last Novembers highs, which stopped on dime at the 50% Fibonacci level. Joe Friday...
by Chris Kimble | Mar 14, 2013 | Kimble Charting
Last summer the Power of the Pattern reflected a bullish INVERSE Head & Shoulder pattern was taking shape in Natural Gas (see bullish H&S pattern here) At that time NG was trading at $2.18. In less than 6 months Natural Gas rose 90% following the...
by Chris Kimble | Dec 19, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern suggested on Thanksgiving it was time to harvest/Sell Natural Gas due to its strong gains, a bearish rising wedge had formed and its upcoming seasonal weakness was at hand!. (see NG harvest post here, up 40% in 6...
by Chris Kimble | Nov 28, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The above chart reflects a wide variety of products performance, year-to-date! Two assets to note are… Natural Gas, up 21% YTD and Coffee down 32% YTD. Why should investors consider harvesting long positions or shorting Natural Gas?...
by Chris Kimble | Nov 22, 2012 | Kimble Charting
CLICK ON CHART Natural Gas performance over the past 6 months “doesn’t stink” as its the top performing asset, up 44%. The rally in NG has at the top of its falling channel, at 50% Fib resistance and has formed a rising wedge. These...
by Chris Kimble | Nov 13, 2012 | Kimble Charting
The Power of the Pattern reflected that a “Bullish Head & Shoulders” was taking place in Natural Gas in the chart below, first posted on 6/14/12 (see original post here) At the time it looked liked the Right Shoulder was forming (which was bullish) and...