Natural Gas Update: An 89% Gain

April 11th, 2013

by Chris Kimble

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

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 chart below.

Can "Inverse Head & Shoulders" be powerful and rewarding? I shared the chart below with Sector Commodity Sentiment members last year.

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 suggested that a powerful bullish set up was at hand. The result? Natural Gas is up 89% since the posting!

If you are an investor 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 by subscription. (Sector report here).

For information about Kimble Charting Solutions, send an email to

Website by the Boston Web Company