if you type this in google: natural gas breakout kimble charting march 14
That should bring up top search results a chart this person did of NG from 2003 to Wednesday - its logarithmic, which is actually great for this view. Anyway, I invite you to go look at it and come back here and share your thoughts!
Well as far as this chart goes I have a different read.
Here is what I posted on his blog
"I think you have a bearish Head and shoulders about to start the downside of the right shoulder. ( first shoulder one more peak to the left)
Looking at a head and shoulder pattern over this long of a time frame you need to look at the over all high and low points for the Over all trend and ignore the smaller blips in between.
The whole chart is down hill.
good one, heres what I see. when she hits the "upward limit" of the channel she pulls back. look at 2010 for example. Whats changed since 2010? switching, ng vehicles, etc. however the supply side is still huge. My seat of pants is 2013 will look more like 2010 chart. now if we get 4 bucks and stays above during shoulder then we run.