Ben_1148x2

FCG - natural gas seasonality

Long
AMEX:FCG   First Trust Natural Gas ETF
Natural gas has strong seasonal trend from late Feb to Late April/early May. FCG FCG closes the period favorable 71% of the time.

I'm planning on playing this with entries between 22.33-22.77 in spread across 2/20, 2/21, 2/23, 2/29 (which have the lowest probability of a positive close for the DJI ). Targeting 26.33-29.33 for profit taking, likely on 4/2, 4/12, 4/23, and 5/2 (which have the highest probability of a positive close between April and early May).

Placing a stop loss at 19.87 forecasts a risk weighted return of 7% over the 2 month period.

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