High likelihood of a spike upwards on the report in Natgas
Trade active:
Comment:
Comment:
The report came in bullish, but price went down still. I find that a bit odd, but this cycle fails in apprx 13-15 % of the time - it is however not failed yet, it has 1 day on each side. Note that price did not make any lower low. Im still in position. If we go lower today, my scenario is that we reverse on tuesday and go up till June 25.
Trade closed manually:
Exited position on the spike. Trendstrength is upwards now, but I see risk of some sideways churn monday and tuesday.
Trade active:
Re-Entered position. Targeting around June 24-28 ish for exit.