The last four trading days saw gas closing lower after attempting to breakout(see prior post) and in so doing, filled the gap created on the 17th of April. I am still long on this and have not closed my swing trade.
Technicals:
Whether this will end up being a bearish continuation or be a bullish reversal is a story worth watching.
What ever direction this takes, it will explode.
Disclaimer: Not financial advise.
Technicals:
- chart: A potential descending triangle is forming.
Volume: Massive build up on volume over the last few weeks.
RSI: ...
Whether this will end up being a bearish continuation or be a bullish reversal is a story worth watching.
What ever direction this takes, it will explode.
Disclaimer: Not financial advise.
註釋
NatGas had its best week since May 15th week, trading 16% higher on weekly. A move like this tends to follow through. Will this touch $3 this week?As of 18th of June 23': NG1! futures are
1W:Up 16%
1M:Up 10%
HY: Down 60%
1Y: Down 64%
Week of 19th data. United States Natural Gas Stocks Change on Thursday.
Disclaimer: Not financial advise.
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