TradingView

NG - Looking bullish - Could be a big breakout today

Long

Natural Gas (CURRENCYCOM:NATURALGAS)

CURRENCYCOM:NATURALGAS Natural Gas

155 views

Buyers are clearly showing. Could be a big day if we breakout of trendchannel. I think this could really take of amid the trade war with China as US want to increase Oil / NG prices while China want to increase carbon emission.

Comments

wow you were spot on. thanks

aishxxi

@aishxxi, Thank you! Time to take profit I think. NG is like an hedge against the market. Some algorithm correlation with the VIX so it could easily reverse.

SweetspotTrading

@SweetspotTrading, think it'll tank now ?

aishxxi

@aishxxi, Yes

SweetspotTrading

@SweetspotTrading, Finally the price is rise, I belive tomorrow it will rise more.
Thank you for tech analysis.

aishxxi

@aishxxi, Take profit is always a good idea. Could go to 1950 though.

SweetspotTrading

@SweetspotTrading, I hope it tanks, I have a sell open.
thanks so much for the information. its been really helpful.

SweetspotTrading

@SweetspotTrading, will you be posting another analysis or the continuation of the current price?

aishxxi

@aishxxi, I'm taking a little break from NG. Just for now. Waiting for a drop to buy again.

SweetspotTrading

@SweetspotTrading, oh ok fair enough. I believe it’ll drop to 1.753. That’s my next buy!
Wish u luck and look forward to seeing your next analysis