When I spoke in mid-January about the formation of a bottom, I did not expect the price to more than double within two weeks. Movements of this magnitude usually take months in natural gas. After the price reached the upper resistance level, it quickly broke through and continued to rise sharply, indicating strong buying momentum and a potential trend reversal. This rapid increase surprised many traders and analysts, highlighting the volatility and unpredictability of the market during this period.
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When I spoke in mid-January about the formation of a bottom, I did not expect the price to more than double within two weeks. Movements of this magnitude usually take months in natural gas. After the price reached the upper resistance level, it quickly broke through and continued to rise sharply, indicating strong buying momentum and a potential trend reversal. This rapid increase surprised many traders and analysts, highlighting the volatility and unpredictability of the market during this period.