Natgas: Monitor for resumption of the trend
Between 3.065 and 3.1-3.2; Watch for potential short-entries.
Komen:
Tried to find volume, but I couldnt.
Komen:
Komen:
Bulls had all the time and momentum in the world.
They couldnt exploit it. Next week will be interesting.
They couldnt exploit it. Next week will be interesting.
Komen:
-2.5 %.
This looks promising for resumption of the good ol' trend into Intermediate cycle low.
This looks promising for resumption of the good ol' trend into Intermediate cycle low.
Komen:
Be greedy on this one and have TP = 2.55ish
Komen:
Now, lets see if we can break down that rectangle and continue into the abyss :)
Komen:
Inventory-report washed away, now the stop-hunt can start and then the eternal hunt for bottom.
Komen:
Took profits when price came down -4.5 % intraday. Expect a pullback now, as most are stopped out from longs.
Komen:
Excellent opportunity to short again has presented itself.
What has a small heatwave to do with the trend in NatGas?
Lets get it down to abyss where it belongs :)
What has a small heatwave to do with the trend in NatGas?
Komen:
Price has been consolidating for about a month. I expect it to break down anytime. Still, be cautious, if price manages to close above 3.15.
Komen:
Komen:
But yes, it is annoying like a **** when price just cant go the right place at once instead of using up time.