ryan-snk

NG Halloween Trick or Treat

Long
ryan-snk Updated   
NYMEX:NG1!   Natural Gas Futures
Today the November(X) contract for Natural Gas corrected down to the historically significant $2.50 level. Going back a couple years it is clear that prices tend to hangout above $2.75 so right now prices are undervalued.

Buying here.
+1 @ $2.53
Trade closed manually:
Continuing to buy dips and sell rallies

-1 @ $2.615
Profit: $212.50

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.