AdamHong
Short

NGAS:A Good Opportunity to Sell

FX:NGAS   Natural Gas (Henry Hub)
110 1 0
The NGAS has pulled back the 0.618 retracement of the previous decline and the market will be likely to continue the down trend.
Meanwhile a pinbar appeared after the market hit the 0.618.
So it is good to sell short at 3.06-3.08 levels.
SL:above 3.20
Target:2.66 and further more
Trade active: The market is still struggling at this zone.
Comment: Tha market moves as expected and more profits are taken.
snapshot
Trade closed: target reached: All short positions should be closed because the reversal pattern appeared.
少则得,多则惑。
Wasn't this a chart error in the nov/dec contract rollover? Overall prices of Nat Gas have not changed and obviously did not correct like 11% in a day....
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