Natural Gas Closed Under the 6 Day Moving Average
Natural Gas fell today in trading to end the day under the 6 day moving average. This could be the first sign that the bull move over the last 2 weeks is over. With price closing right at the 8 day moving average and the top of the Ichimoku Cloud, we also had the first red Heikin-Ashi candle in 9 days.
My strategy calls for waiting for a close under the 8 day moving average before I go short.
Disclaimer: This post is for educational purposes only. Trade at your own risk.
My strategy calls for waiting for a close under the 8 day moving average before I go short.
Disclaimer: This post is for educational purposes only. Trade at your own risk.
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