FCG - natural gas seasonalityNatural gas has strong seasonal trend from late Feb to Late April/early May. AMEX:FCG FCG closes the period favorable 71% of the time.
I'm planning on playing this with entries between 22.33-22.77 in spread across 2/20, 2/21, 2/23, 2/29 (which have the lowest probability of a positive close for the TVC:DJI ). Targeting 26.33-29.33 for profit taking, likely on 4/2, 4/12, 4/23, and 5/2 (which have the highest probability of a positive close between April and early May).
Placing a stop loss at 19.87 forecasts a risk weighted return of 7% over the 2 month period.
