UNG retracement complete- to uptrend again.

2023年5月22日

UNG as shown on the 15-minute chart had an untrend for a week culminated by the very steep

finish to the uptrend into resistance followed by a very rapid bounce down and retracement.

A standard 50% Fibonacci retracement is now complete. UNG appears to be bounding off

the POC line of the volume profile which coincides with the 0.5 Fib level.

UNG tracks the natural gas futures, especially the leading month. It appears now ready to

resume an uptrend. This is a directional bearing on the trend for any instrument based on

natural gas prices including XNGUSD on forex.

2023年5月23日

交易進行

BOIL flushed down two hours ago about 4% now @ 3.12 ; one hour ago price crossed above the long-term moving average from below as a buy signal. Currently at deep discount. Added to the position.

2023年5月24日

交易進行

Nice action in the premarket- took partial profit at the high' added more back in at
the pivot low.

2023年5月25日

交易進行

Nice action today with 2.8% net price rise with higher than normal volatility. Call options hit over 100% today Closed 1/3 of them and the rest will run tomorrow.