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LEONES
Jun 16, 2014 9:04 PM

Natgas preparing for a move (monthly chart) Long

Henry Hub Natural Gas FuturesNYMEX

Description

Just a simple chart to highlight gas price behaviour over the past four months. It looks like it will move higher but I need to find an entry point in the daily charts.
Comments
QuantitativeExhaustion
Any new updates? US Dollar getting hit hard. Nat gas inventories Thursday 10:30 am est
EliteTrader101
I noticed this too, but i didn't like the fact that we're at the seasonal peak for it.
LEONES
yes you are right i din't take that into consideration. I might even move lower. it is not clear at the moment
EliteTrader101
Plus the big pin bar is pretty bearish too with most of the volume coming from the top.

LEONES
yes that is a bear signal
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