Natural Gas 160-hr Harmonic Cycle

A harmonic cycle with a 160-hour period can be observed whereby the price rises significantly and then falls within each cycle. The cycle does not time tops or bottoms perfectly but it does suggest a window of time when there will be a top and when there will be a significantly lower point relative to that top. There is still the possibility of a 2nd top within this current cycle but it shouldn't exceed the previous (5.900). This is not a perfect analysis and this 5-cycle pattern isn't guaranteed to continue through this 6th wave. If it does, a low point is anticipated to occur on Wednesday Nov 10th 1:00pm EST. A likely target is 5.248, based on trendline support. This isn't a "go short now" analysis, but a "be prepared to possibly go short into the completion of this harmonic cycle two days from now" analysis.