In recent days particularly last week, Natural gas rocketed without any significant retracement.
The RSI high period is now heavily overbought and is currently sitting out of the sell bollinger band level and therefore I expect this instrument to retrace back to at least half way to the missed monthly pivot.
For more information, follow me on here, twitter or at ejfxtrading.com
The RSI high period is now heavily overbought and is currently sitting out of the sell bollinger band level and therefore I expect this instrument to retrace back to at least half way to the missed monthly pivot.
For more information, follow me on here, twitter or at ejfxtrading.com
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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.
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.