The_Unwind

EXPLOSIVE MULTI- YEAR BULLISH BREAKOUT in Natural Gas !

Panjang
NYMEX:NGZ2018   Henry Hub Natural Gas Futures (Dec 2018)
While most of the attention, has been focused recently on crude oil's rapid straight down descent,
under the radar has been a EXPLOSIVE MULTI-YEAR UPSIDE BREAKOUT IN NATURAL GAS,
during the same time period, closing over $4 on 11/13/18.

Technically the move is significant,multi year breakouts mean much more
just in the time weight it took to achieve that breakout.

The first arctic cold blast of winter is now descending on the mid-west and east coast
of the US for the next week, with temperatures 20-30 degrees below normal.

Whatever the underlying reasons are..
this chart breakout in Natural Gas could eventually reach $5- $ 8 on the chart.,
and ultimately target the prior yearly price high of $12

If a trader does not wish to trade the actual commodity,
ETF's like UNG and BOIL
allow a trader to potentially gain substantial profit,
with proper price entry,in Natural Gas in 2018,...and beyond.

THE_UNWIND
11/13/18 1045 PM
NEW YORK
Penafian

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