This is How it looks now ...From 9 september to 18 th ....Almost 35 points fall .
natural gas has been exausted finally and rsi showing quite strength ...if rsi cross above 40 then surwly go for long
Open above 164.5 will take to 174-176.5 down side support seen 166.3 if breaks this next S/R is 160-155
today & yesterday was fantastic. Perfect break out setups
I am long Natural gas since 169.5 and bought on every dip. Super capture by our Algo today 1st target is 173 2nd target is 175 SL 167.5
It's quite a shorting phase going on for Natural gas. We need to sell the rally for NG with no clear uptick in demand in near future, supplies remain considerably high. Great intraday moves by natural gas
In downtrend. Bounce only if it starts to stay above 171.5 Untill then use Pitchfork for future support and resistance.
After Following the uptrend for few months .Now a Breakdown of trendline .. For support it would go on for few more Days . As the International market sides shows .
NATGAS IS AT RESISTANCE. CAN BE SHORTED AT CMP WITH 2 RS SL AT MAX
Natural Gas levels...10/09/2020 (1hr Candle)
NATURALGAS SEP FUTURES
Natural Gas levels...08/09/2020 (1hr Candle)
Natural gas current month......bullish gartley Buy range 185- 188 Target 202 Trailing Stop