Still Long GAS | S&R Flip : Breakout Retest on Falling wedge

Natural Gas update

Still hold a position on Nat Gas as the potential weekly double bottom continues to be confirmed with 1st target price being on the neckline/ resistance line. The past week was mostly sideways, giving signs that the bull are now standing their ground over the bears.

Things to look out for
  • Contract switch
  • US Natural Gas Stocks Change
  • Confirmation of the breakout from the falling wedge | Fakeout?


Disclaimer: Position open. (Natural Gas is still the widow maker).
Post not financial advice/recommendation
Supply and DemandSupport and ResistanceWedge

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