Crude & Natural Gas Support
02/27/15 INSIIDE Track: “Crude Oil, Unleaded Gas & Heating Oil have sold off sharply – reinforcing the ~3-year cycle high in mid-2014. Crude plummeted toward 42.32/CL – double the range of the 2012–2013 advance (a 200% correction). 2Q 2015 remains a pivotal time when 10-month, 20-month & 80-month Cycle Progressions converge…
Natural Gas plummeted into Jan. 2015 and is in the process of fulfilling the potential for a 1Q 2015 low that would perpetuate an 11-Quarter low-low-low-(low) Cycle Progression linking lows in 2006, 2009, 2012…Major price support remains at 2.500–2.600/NG – including the 1–2 year HHL projection, stemming from its Feb. ’14 high (~6.500/NG) and its Nov. ’14 high (~4.550/NG).”
— 42.32/CL & 2.500–2.600/NG Targets Attacked!