Natural gas hasn't left this channel for weeks. Not reason to believe it will drop through. Keep a close stop, as a drop would happen quickly. It will rebound during the next few days
Close StopLoss. This is essentially betting against a trend.
Close Stop lose; if momentum changes upward, it will be quick.
Much Like Gold, Oil Charts are looking 50:50 technically, and the election has a lot to do with this. If Oil Corrects upward, expect 47 top. There are plenty of bottoms on multiple scales saying a correction makes sense technically. However, If it keeps dropping for political reasons or OPEC announcements, expect high 30's. Regardless, Oil will be Bearish on...
Testing new bottoms with a temporary trend. As always, what for MACD crossovers or (insert your favorite moving average indicator) to crossover for an ideal entry. Once again I'm new to this: I'd appreciate the feedback from more experienced traders.
Possible Natural Gas correction down from the past weeks gains. Keep a close stop loss. If anyone can give some feedback, please let me know,
First Post: DONT FOLLOW THIS. Can anyone tell me if I'm onto something? I appreciate the feedback.