Double bounce off the trend line and now back up to 786 fib line.
Its the end of the gas season and believe we will go down to seasonal lows.
I actually put this short in last wed. at a higher price.
NATGAS looking good for one more short term long position before end of cold season.
so i think this could be one of the most accurate charts for a yearly outlook.
Historically breaching the 50 DMA we dip down and at least touch(dip our toes into ) the 200DMA, here is how I think it plays out. take a short position here and wait until the 5th to close
we are half way on this current bull run, will be looking to sell my btc on the 11 or 12th of feb following the bearish bat pattern and AB=CD pattern
look at the foward contracts on both crashes
Which way do you see oil going?
historic view of USOIL vs CLM2017
indicator hit today for short on crude
Just a prediction of 2017 for fun.
Expecting some oil build up again, and confusion on (n)opec... and then the (n)opec hype building up to jan 1st.
short after nopec
Cherry on the cake if this happens.