goodguy

F/U on Natural Gas

Long
goodguy Updated   
NYMEX:NG1!   Natural Gas Futures
My last posting suggested natural gas may turn up and it has ( see link below from 2.12). It’s corrected some the last few days. Is the up trend now over? I favor it is not. I remain long. If get bullish action I will add to my position. Notice positive reversal in 4 hour RSI.
If you go long could use a close <than the 4 hour up trend line as a stop. Process your way. Feedback welcome.
Comment:
NG1! : Up today. My personal target is 3.04-3.12 based on 2 different methods. Take care.
Comment:
Getting close to lower end of target range
Trade closed: target reached:
Hit target zone early today and has reversed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.