Odds: 55% chance of $3.11-$3.20 (1-4 days) 45% chance of $2.75-$2.87 (1-3 days) Odds favor Up
Signal: NG1! at $3.06, test 50 ema day, Red volume on 5min/15min/1000-Tick; green on 1H/3H/4H/5H/12H/1Day hints at rebound to $3.11-$3.20; so uptrend intact if it holds $2.87. weather, and production risk drop to $2.87 if VWAP ($2.995) fails.
Trade: Long: Hold long NG1! (bought $2.80-$2.844). Add 20% if price nears $2.87-$2.91, target $3.11-$3.20. Stop loss at $2.75.
Sell Short: Short if price falls below $2.87, target $2.75. Stop loss at $2.995.
Watch: $2.63, $3.20, daily volume. and lets see how the day candel closes.
Odds: 55% chance of $3.11-$3.20 (1-4 days) 45% chance of $2.75-$2.87 (1-3 days) Odds favor long(Up)
Signal: NG1! at $2.90, near pivot $2.87, pulling back with markets red and VIX up above 15.00. Green volume on 5min/12H boosts a rebound to $3.11-$3.20; uptrend intact if price holds $2.87. Red volume on other frames and weather risk dropping to $2.87 if VWAP ($2.995) support fails. see how the daily close price is.
Trade: Long: Hold long NG1! (bought $2.80-$2.844). Add 20% if price nears $2.87-$2.91, target $3.11-$3.20. Stop loss at $2.75.
Sell Short: Short if price falls below $2.87, target $2.75. Stop loss at $2.995.