Short-term bullish, then down-trend continues. $UGAZ

Long

CFDs on Natural Gas (OANDA:NATGASUSD)

Updated

OANDA:NATGASUSD CFDs on Natural Gas

Trend Analysis Chart Patterns

trendanalysis chartpattern

Aiming at closing half of my current position at 2.75.

Comment:

Sold UGAZ at the top around 2.745. Last few hours showed signs of weakness. Will re-evaluate entry on December 19th. Keep in mind NG is bearish, this spike was completely technical (unless we break above 2.9-3.0 ).

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