SpartanTrading

$UGAZ $DGAZ NGAS more room to fall? Beautiful entry on its way

FX:NGAS   Natural Gas (Henry Hub)
17 2 1
Not shorting from here, waiting patiently for my ugaz             entry but playing this one safe and waiting for confirmation of breakout instead of catching falling knives. Does not look bottomed out yet to me
It may double the boddem but it will go up. One big importent point is that now is the periode that OPEC will make decision about supplaying and stocking gas for the winter
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I think we've reached the bottem, look on daily timefram there is nice green hammer plus we have oversold condition on stochastic and even a litle divergance
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