Natural Gas (Henry Hub)Updated 2018.07.31
HUGE rejection right off of 2.825 (July 11 high). Bearish setups are still in play as I expect a bullish move on Wednesday and EIA report (last two reports were bullish so I expect shorts to cover a bit). As such, I expect a retest of today's highs ~2.81-2.825. I doubt natty will break 2.825 unless EIA report is extremely bullish. Therefore, I'll be looking to go short at either red line (2.825) or upper purple line (~2.813) for a break of the lower purple line and then a test of low 2.7s
GL to all!
GL to all!
Trade active
weather models turned bearish. looking for natty to go straight down to green line ~2.7
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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.