You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology
Natural Gas – due a 20 day cycle peak and then down into a deeper 40 day cycle trough.
In the last note on 10 October we were looking for an 80 day cycle peak around 3.6 and end October. This came in on cue. In this note we are tracking the 40 day cycle trough lower around 2.7 (the 40 day FLD down cross projection) circa 28 November. However before that we need a 20 day cycle peak. If the 20 day FLD is crossed up (price is pretty much there now) then we have an upside projection of around 3.38 – potentially a little lower because of the underlying downtrend. The 20 day FLD however could very well act as resistance and provide a much earlier 20 day cycle peak. Stay alert here.
This post was first published on Hurst Cycles Notes.
