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Gas Shifts Into Neutral

June 20, 2022

Gas Chart

After 81 days in “uptrend,” the July Henry Hub contract has shifted into “neutral” according to the triple moving average system. This system uses three moving averages, one short, one medium, and one long. It indicates uptrend when the short moving average is higher than the medium moving average and the medium moving average is higher than the long moving average. When the short moving average is back below the medium moving average, the system indicates downtrend. When the short moving average is between the other two, the system indicates neutral.