NG - Nat.Gas - Newton, Babson, Andrews...they where right...

NYMEX:NG1!   Natural Gas Futures
Take a coffee             , sit down and study this chart...

Did I expected such a pullback?
No way, but - it followed the rules of Nature, of Newtons law and Babsons and Andrews research.

What to do from here?
Bet small, however you play it.

Comment: I just got the information, that the slingshot happened because of the roll of the futures. Always something to learn in this business.

...bonus vir semper tiro ;-)

Comment: So, it's on the way to the south like expected after the pullback.
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TradingView Blog:
The rollover created a big gap in this contiuous chart, quite strange looking. I see my front month and it's so different. More downside seems probable here, good one.
forker IvanLabrie
Thank you Ivan.
I'm courious if it does :)

+1 Reply
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