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Investorito
Sep 12, 2017 8:21 PM

Small Long on UGAZ Long

Description

9/12/2017 Consolidation at the bottom. Seasonally, September and October are not green months for Nat Gas, at least for the months of Sept and October, it has closed lower for the last 4 years. Because November is a good month (seasonally speaking, it has closed higher 3 of the last 4 years) I am taking this as an early entry for potentially a swing trade.

Keeping a close eye and will sell below trendline. Setting up alert on TV so I remember to close if it gets below lower trendline.
Targets are 13,14 and 17.00. Any entry above 11.30 us a good price.

Trade active

Trade is looking out good with NatGas breaking out of consolidation.
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