StevenMarkussen

7/7/18 natural gas down trend

Short
StevenMarkussen Updated   
NYMEX:NG1!   Natural Gas Futures
tweaked lower down trend line now that there is chart data to support trend channel
NG in / below slush channel of 2.90 - 2.87,2.86 area
headed for 2.80 range with bottom of 2.60 ish
summer run is over is my thoughts
DGAZ players delight $$$$
Comment:
3.05 top
2.75 is 10% down near that now
2.60 is 20% down (note)
Geo political trade issues could effect this real badly
Comment:
due to trade issues you may want to lock in some profit
chart rolled over on 6/28/18 at 2.87 area
if your short from here might lock in some $$$
my gut says we gap down at open .03 to .08 ... so 2.70 area
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