mastercharts
Short

Following Support Break, Natural Gas Should Be Shorted On Bounce

NYMEX:NG1!   Natural Gas Futures
Notice how Natgas comes up to the Yellow resistance line from below and is being rejected there. This is a classical bearish behavior. Any bounce to the Yellow or even better to the Red Line should be shorted currently (December 2017)
Free Price Action Indicators For 1 Month. Register here: https://www.masterchartstrading.com/store/c1/Featured_Products.html

Visit my financial blog & get alerts : https://www.masterchartstrading.com/blog

@mastercharts

Comments

Are we headed to the red line, looks like it, -20 here in western canada, logic dictates it goes higher
Reply
@TomPower, Yes a short-term bounce is materializing. Will it be a bigger trend change remains to be seen. I will post updated charts. Remind me if I forget! :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out