CFDs on Natural Gas

Short

SHORT NATGASUSD

Updated

Soon, the crash will start.

1. Warmer weather
2. Consolidation zone gonna provide momentum to following move
3. Long overweight hedge funds

Note

3.118 was the top. Time to go back to the bottom of the range 2.719

Note

Many people bought at very high level, profit taking and panic will hit.

Note

Highest volume of all days on key reversal day.

Note

As expected. My initial idea was correct, even though my timing was really off. Many big players unloaded in the rally and now it's time for the bears.

Note

Still holding short with $3 average.

Note

This move is straight from 2015.

s3.amazonaws.com/tradingview/snapshots/p/PcTZXWei.png

Note

There is still more downside. The week will be red, after which we have a small rebound. s3.amazonaws.com/tradingview/snapshots/k/klahufUD.png

Trade closed manually

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