Akksujean

FCG - Could be a cold winter

Long
AMEX:FCG   First Trust Natural Gas ETF
FCG looking good here with room to run in the current regression channel. Looking similar to the early June 2021 run. However some resistance exist in this price range.

Indicators looking good, especially woodies CCI which is confirming the bullish trend . Further, FCG made a new high recently on the daily.

Looking for a pull back for a long entry.

The 2.618 fib = near term price target.

Weather is always an important consideration...