nothing is impossible“People say nothing is impossible, but I do nothing every day.”
― A.A. Milne, Winnie-the-Pooh.
Good morning Traders. the sky fell off, but not out of nothing. we saw great bear diversion building. take a look here in 4h chart.
see the colored lines ? as off Now :
we can see daxi hitting the 0.618% fib level, and hitting historical resistance point.
naturally we might see some more selling as market open, but the rest of the day, especially when us market open, i will expect bulls to fight back.
SO keep an eye on the market and the building divergence.
It's ok to do NOTHING, as Winnie advice.
Natural
Advantis Corp. Co-Brands, Launches Natural Elements TeaADVANTIS CORPORATION (OTC PINK: ADVT) is launching the co-branded line of Natural Elements Teas this week.
Advantis and California medical marijuana cooperative, Natural Elements, partnered over two years ago in a mutually beneficial arrangement. This partnership has produced co-branded Amstercan strains of cannabis, vapes, THC and CBD derivative extracts, and several more products in development. This relationship has also led to a wider base of cooperatives, cultivators, and members to do business through. Research and development of innovative cannabis derivatives and delivery methods, through the fully licensed cooperatives, has been paramount to Advantis’ growth, success, and compliance. “This year is amazing,” Advantis CEO, Christopher Swartz said. “We will be introducing several products we’ve been developing with Natural Elements, and this tea is a fantastic addition to our existing lineup.”
UGAZ About To Explode To The Upside
Fibonacci spirals on TradingView are not static unfortunately which is why I don't publish more often. Have to post an image to ensure proper spiral placement.
Natural Gas LONG: NGAS $3.2I think NGAS hit rock bottom for now. Moving into the winter with chilli temperatures incoming and a perfect trend reversal setup (STOCHRSI and MACD) I think it is very likely we see NGAS reach $3.2 + within the next two weeks. Very crucial to whether this will occur as planned are the inventories which based on past data and future expectations should be as or lower than forecasted, which in both scenarios NGAS should rally. Usually December is not a good month for NGAS, and that's why I hesitate to leverage this trade. I entered trade at $2.75 (didn't post here because of internet issues) and have a T.P $3.285 where I as per usual take 80% partial.
NGAS : Short this to 2.4, Where thy winter ?WXY pullback
Can be expected to touch the top. Start shorting from the red region.
I dont care about winter/weather or this or that.
I trade wave counts and patterns.
if you have fundamental issues pls dont take this trade,
and rest of you who do short, enjoy the ride with me.
I will be posting update on lower tf.
Enjoy Trading !
Natural Gas Short: Only for 1 dayI will be sorting Natural Gas for only 1 day (12/14/2016) I don't think Natural Gas has a clear direction right now, but I do think it is still in limbo, just at a lower level than expected. Thus I do forecast a drop back from the 10DMA levels of 2.737 to erase today's (11/14/2016) gains, but no movement lower, at least not this week.
pennies to thousands long term natural gas big dividendhad big earnings surprise last quarter over 200 prercent increase could do it again long term damage over stabilizing
pays a dividen of 3 cents a quarter
technicals neutral use stop loss see our book on amazon about setting
GASL Bullish BreakoutShares of 3x Bull Natural Gas Related Equities ETF is trading just above a symmetrical triangle on above average volume following 3-months of sideways consolidation at the lows.