1. the highlighted grey sections represents the synchronous pace of light oil and natural gas since 2010. 2. Of particular concern, two of them SYNCHRONIZED almost in every JANUARY since 2015 to 2018. 3. 3 weeks ago, since 31 Dec., they synchronized again! 4. the ratio of "CL1!/NG1!" stands below the MA20 and is at a relatively low level. Crossing the MA20 might occurs with high probability.
Considering the oil cutting and the cold weather incoming next week, LONG BOTH NG1! & CL1!
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1. the green line is approaching as expected. 2. considering there would almost always be a bottom for natural gas every mid Feb. which is described in the link below( Once we come to February, it's time to short NG1!, this is my opinion: twitter.com/xiaomidaddy/status/1086386660315521024?s=21)