A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
NEW POSITION $KOLD Target 13.26 for 14.11%
Back in KOLD at the moment… in at 11.62
Sell Target - 13.26 for 14.11%
Or Double Position at 9.98
If you're a NatGas Trader I'd love to hear your opinion on where it's headed!!
What is KOLD?
KOLD is 2x bear Natural Gas ETF that moves based on the price of Natural Gas futures.
Natural Gas futures shot up to insane levels this year, and we believe that natural gas prices will drop very quickly.
Natural gas futures usually rally 3-4 months before winter starts.
This is because energy providers across the world are trying to price in a...
Ok... so I started a 3% position here 😬
Look... I've made so much trading NatGas and lost most of it... LOL... so follow me at your peril... LOL
BUT... I feel that this might be a great place to start a position.
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on...
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the Bloomberg Natural Gas SubindexSM return for a single day. The fund seeks to meet its investment objectives by investing in Natural Gas futures contracts.
$KOLD Target 33.99 for 52.28%
If you know anything about Natty and my setups with natty you KNOW this will happen… kind of like this… perhaps with a little adjustment.
I did add some yesterday but was unable to update... sorry y'all...
I really kind of miss UGAZ / DGAZ right now…
On the far right of the chart is my Average (Grey) Current Target...
$KOLD Target 35.01 for 50% I could see 35+ by November
Or next add level is at 15.11
NatGas is such a beast, HAHA… I don’t know why I still play these ETFs but I LOVE THEM. I just can’t see this going too much lower.
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my...
Natural Gas is looking bearish with a potential bearish ABCD:
There for in an attempt to play this bearish move down i will be looking into trading this inverted ETF.
This ETF seems to be trading near the bottom of a long term trading range that has never been broken in it's 10 years history while showing MACD Bullish Divergence and being Oversold on the RSI...