Natural Gas Bleeding Lower
Natural gas has seen negative price action since we got the golden cross.
The 50 & 200 moving average is touted as a bullish signal but often sold into in the near term.
This sell off in Nat gas is going quick and deep.
The problem with that is the sector is leveraged with triples & doubles.
If we complete the measured move down, we should see a bit lower price.
Intra day I would not be surprised for a sharp dead cat bounce.
The 50 & 200 moving average is touted as a bullish signal but often sold into in the near term.
This sell off in Nat gas is going quick and deep.
The problem with that is the sector is leveraged with triples & doubles.
If we complete the measured move down, we should see a bit lower price.
Intra day I would not be surprised for a sharp dead cat bounce.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。