Austrian CEGH VTP Natural Gas FuturesAustrian CEGH VTP Natural Gas FuturesAustrian CEGH VTP Natural Gas Futures

Austrian CEGH VTP Natural Gas Futures

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MNG1! its time to short all NG related stocks we will see a very nice pullback from this area $4.87

NG1! Update Dec 2nd
Backwardation playing out. Jan ($4.83) above Feb ($4.42).

Big money selling/shorting. Retail bought the hype at$4.92.

Technical breakdown:
15min: Failed
1h: Failed
4h: Watching for failure key

Key levels if they don't hold:
$4.83, $4.79, $4.76, $4.73, $4.65, $4.62
If right, expect fast move lower, trap retail rope a dope, (not straight line).
Bulls may take one more swing up before final drop.
Let's see how it plays out.
Good hunting.