fxdelisi
Short

Trade 17: Natural Gas One more time down

FX:NGAS   Natural Gas (Henry Hub)
38 2 2
Before storms, one more time it drops to find support and then 7.30 will be seen further winter season.

Hint: Cancel the trade above 4.50 two weekly close.

Good luck!
How do you get to the 7.30 target?
Also, a critical factor you didn't mention is the historically high short position that will need to be closed out.
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I said it will drop. and it does.

Now, my idea is: long time...

Let's see. Good luck!

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