<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?
Lastresort. You might be right about some things but me liking Suze Ormon is about as far away from the truth as anything could be. Sorry to disappoint you. I am not a chartist so don't assume I like what Kilduff preaches to the media.
There is no substitute for old fashioned due diligence. Many of these technical analysts seem to be inteligent and well meaning but as it relates to NG I just never understood how plotting some points on a graph tell us anything about rig counts, weather, ng in storage, geo politcs, or a variety of other factors that can move the price of ng.
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.