UnknownUnicorn540299

NatGas: An overview

UnknownUnicorn540299 已更新   
OANDA:NATGASUSD   天然氣差價合約
The new low of 31/10/17 made a new probable path for NatGas to take in the coming time forward.
While this recent low may have been the low, we might risk going a bit lower.
Based on monthly supports/resistances, a visit to approx 2.589 seems quite reasonable before reversing.
Invalidated in case of lower than 2.540.

Good luck.
評論:
評論:
An ABC correction has all the requirements of completion. But this has been a very choppy and extremely long-lasting correction. We need more confirmation in order to say that the low is "in". I still find it very probable with one more leg down to either confirm or invalidate the last low. But in the markets; there are no clear rules in this regard, only what is common an probable.
評論:
Increased confidence that the low is in. Target should be 3.9.
評論:
There is a high likelihood of gap-fill:
評論:
Gap is @ 61.8 retrace, also the length of 1.618 of wave A
評論:
GAP is filled in FUTURES here @ 50 % retrace.
評論:
Might be an OK place to try out a long
評論:
評論:
Personally I re-longed tday the position i sold at 3.1
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