NatGas - Winter is coming
Though I don't think winter will have any effect on Natty now looks like we will have higher NatGAs prices during winter.
We have a daily swing today.
We tagged the 200 SMA and turned up from there. We had the 50% pullback of the previous ICL (FIBO 50).
RSI printed a divergence while coming out of oversold territory.
MACD crossed over.
TSI already gave in the sign - crossover - I just wanted to wait not crossing down again.
Today's volume not so high - below average - but I suggest 25% margin impact long entry.
If tomorrow we have the follow through I will add to the position up to 50% margin impact.
If we have one more leg down I will also add when RSI becomes oversold.
NEW LONG ENTRY
We have a daily swing today.
We tagged the 200 SMA and turned up from there. We had the 50% pullback of the previous ICL (FIBO 50).
RSI printed a divergence while coming out of oversold territory.
MACD crossed over.
TSI already gave in the sign - crossover - I just wanted to wait not crossing down again.
Today's volume not so high - below average - but I suggest 25% margin impact long entry.
If tomorrow we have the follow through I will add to the position up to 50% margin impact.
If we have one more leg down I will also add when RSI becomes oversold.
NEW LONG ENTRY
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