Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

NatGas: What If Bulls Maintain 60 Degrees Move Till Closing?

Published 02/15/2019, 09:34 AM
Updated 07/09/2023, 06:31 AM

Since my last analysis, I find Natural Gas futures have been constantly maintaining 60 degree move since opening on February 15th, 2019. Futures look reluctant to maintain the current upward move. No doubt, Natural Gas bears are equally applying their equal force on every upward move, but I find the bulls look too strong to maintain their speedy move till weekly closing.

Natural Gas Futures 1 Hr. Chart - Expected Directional Move

Natural Gas Futures 15 Minutes Chart - Expected Directional Move


Disclaimer

1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

Latest comments

Thx. Mr. Singh
Still looking for $3 NG before Dec 19. South warm, midwest and west cold! Who knows!
Have Gartman weekend
Are you sure this time ??
I took this short a soon as i seen your post. Thank you sir, made a nice profit!
I was going to wait for 2.64 but you always bring the hammer!
It's bullish for next 4 weeks.
That's what I think but everyone should do their home work before jumping in.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.