🔥 #GasHasNoMercy
📉 Gas is again following the main scenario closely. We stayed out of the market most of the time, as the movement was a correction within the primary downtrend, which remains intact.
The wave is nearing completion. Historically, gas rarely reverses after weekends—it typically continues the previous week’s trend until Tuesday-Wednesday. However, we now expect oil to gap down at the open due to OPEC+’s decision to accelerate production increases. This creates uncertainty in gas’s reaction:
▪️ Logically, gas should rise (lower oil prices → reduced U.S. production → less associated gas → higher gas prices).
▪️ But the market might temporarily ignore this correlation and follow oil’s lead.
Current tactic: Trade with the trend (downward). Not advice or recommendation.
💬 Your thoughts?
🔄 Agree with the plan? Comment below ➡️
⚠️ Disclaimer:
My analysis is for discussion purposes, not trading advice. Trading gas with leverage and no stop-losses is like playing with fire—high risk to capital and mental health.
📉 Gas is again following the main scenario closely. We stayed out of the market most of the time, as the movement was a correction within the primary downtrend, which remains intact.
The wave is nearing completion. Historically, gas rarely reverses after weekends—it typically continues the previous week’s trend until Tuesday-Wednesday. However, we now expect oil to gap down at the open due to OPEC+’s decision to accelerate production increases. This creates uncertainty in gas’s reaction:
▪️ Logically, gas should rise (lower oil prices → reduced U.S. production → less associated gas → higher gas prices).
▪️ But the market might temporarily ignore this correlation and follow oil’s lead.
Current tactic: Trade with the trend (downward). Not advice or recommendation.
💬 Your thoughts?
🔄 Agree with the plan? Comment below ➡️
⚠️ Disclaimer:
My analysis is for discussion purposes, not trading advice. Trading gas with leverage and no stop-losses is like playing with fire—high risk to capital and mental health.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.