Tag Archive for: horizontal neckline
Natural Gas — A massive H&S bottom?
/by Peter BrandtNatural Gas posted a 21-year price low in Mar 2016, as shown below on the quarterly graph.
The bottom took the form of a 7-month H&S bottom on the daily and weekly charts. The target of this H&S at 2.934 was quickly met on Jun 29. The Factor participated in this H&S pattern in its proprietary account and discussed the pattern in the Factor Update.
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![1](https://www.peterlbrandt.com/wp-content/uploads/2016/09/1-1.png)
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