It looks like natgas is diverging from WTI crude. As well, on a monthly chart the RSI is hitting the same level as previous pullbacks. Would not chase natgas higher and would wait for a second candle to hit the trendline then short using DGAZ.
Thoughts?
Thoughts?
Note
There we go, the second pop to the trend line. Getting closer to a short entryNote
Winner winner :pDisclaimer
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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.