I see John Kilduff is calling for NG to give back most of its recent technical rise due to head and shoulders pattern. I don't like technical trading as if it worked, that would be all we would watch (no need to report earnings or other fundmental numbers). Thus, I assume he is talking to get headlines but I wish we would get some good news to turn him positive on NG prices.
<I see John Kilduff is calling for NG to give back most of its recent technical rise due to head and shoulders pattern.>
I don't know what chart John Kilduff is looking at, but this chart does not show a head and shoulders at all. It shows Natural Gas has been driven way down and bouncing off a very low bottom. You know, buy low and sell high. Here's the link, look for yourself. Oh by the way, who is John Kilduff and where is his chart?
HEre is the article I found. I don't follow Kilduff's technical predictions as I am a fundamental person. I was simply sharing the article in the hope someone else could find fault with him. He just gets lots of attention on CNBC and other sources.