Public Post: Energy Charts of the Day


WTIC–  Another slow motion sideways move, but this looks like a Bull Flag that wants to break higher.  Will it before the FED Decision?  Maybe.

WTIC 9-14

NATGAS has been sideways for months.  It tightened up that sideways move over the last 2 weeks.   I did see signs of life yesterday, but the overhead resistance is still in the way.  We hit the 50sma and the B.B. , so we’ll see if it can burst higher and finally put in a rally or not. After this much consolidation, a directional move could be significant.