Neutral: Bearish continuation or Bullish reversal:Descending TriThe last four trading days saw gas closing lower after attempting to breakout(see prior post) and in so doing, filled the gap created on the 17th of April. I am still long on this and have not closed my swing trade.
Technicals:
chart: A potential descending triangle is forming.
Volume: Massive build up on volume over the last few weeks.
RSI: ...
Whether this will end up being a bearish continuation or be a bullish reversal is a story worth watching.
What ever direction this takes, it will explode.
Disclaimer: Not financial advise.