sunnylocus

sunnylocus Updated 

Natural gas has recently fluctuated in downtrend channel due to high inventory and tepid demand. According to the chart, it is on course to form a head and shoulder pattern in long-term. In my opinion, 2.88 support line(Target 1) will be tested in short-term, if NG breaks through support line, prices likely to head to target 2 or even lower. However, I remain...

sunnylocus Updated 

It's a good time short NGAS. as you can see, Stoch RSI indicates Overbrought, then trajectory is downtrend. The bottom of prices would be around 2.6