Looking at NatGas, Im going long with BOIL. NAtGas is close to a double bottom here, %R is oversold, and the TSI is corssing and rising.
Comment: struggling at Support Resistance (purple arrows)

Comment: NatGas not moving higher as expected. Watch the support zone have stops just below. Could be a bear flag or giant H&S pattern playing out.
Comment: NatGas finally making the turn. Support held, and we are now moving higher. BOIL up 9%. TSI and %R look to be turning higher as well.
Comment: NatGas coming up against the resistance zone. Look for a push through Tomorrow.
Comment: Looking for a move to the 38.2% or 61.8% fibo.

Trade closed: stop reached: Stopped out, trade didn't work out.

Related Ideas

I'm on this with you from the start; BOIL at 10.01 on June 9. Rode it down but didn't stop out.

Also Picked up UGAZ at 15.05, stopped out, picked at 13.98 stopped out, picked at 12.49 stopped out, picked at 12.76 and that stuck. Natgas weather says hot weather through the US. I also have GASL as a trailing stock (watch the leaders, buy the trailers). I definitely watch UNG for signals. Natgas storage report 10:30am on Thursdays.

Thanks for the great picks.
Thanks for sharing your knowledge.
Just one question..Why chart a leveraged etf instead of the spot price or futures like NG.?
bhowe koastech
@koastech, I look at both. Like NatGas above
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out