I decided to analyze the natural gas as the winter is coming soon, for Europe.
I didn't use NYMEX:NG1! because as we all know the Europe relies heavily on Russian natural gas, which I think might be a better indicator for predicting the natural gas in Europe, especially in Germany.
As I was researching, I have drew out some Elliot waves based on my personal opinion. Seems like there is more extension incoming for natural gas, and I DO NOT think the Fed, or the ECB would stop their Monterey tightening. Thus, I doubt CPI in Europe could be well soon, and I do think a BAD energy crisis is arriving, soon.
Feel free to share & comment, and let me know your ideas.
I didn't use NYMEX:NG1! because as we all know the Europe relies heavily on Russian natural gas, which I think might be a better indicator for predicting the natural gas in Europe, especially in Germany.
As I was researching, I have drew out some Elliot waves based on my personal opinion. Seems like there is more extension incoming for natural gas, and I DO NOT think the Fed, or the ECB would stop their Monterey tightening. Thus, I doubt CPI in Europe could be well soon, and I do think a BAD energy crisis is arriving, soon.
Feel free to share & comment, and let me know your ideas.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。