NATTY 15% Correction on the way?
Updated
Natural Gas has recorded a negative bearish divergence on the 4hr which I believe is the sign of a correction to retest the green base below.
It had fired on all of it's cylinders yesterday which I believe was a dead cat bounce removing as many short sellers as possible.
Shorting this time of year usually means commission from your broker - mine is offering 3% of my total investment.
It had fired on all of it's cylinders yesterday which I believe was a dead cat bounce removing as many short sellers as possible.
Shorting this time of year usually means commission from your broker - mine is offering 3% of my total investment.
Note
You can also see an even greater bearish divergence on the daily view - Note
You can also see that it's currently at a historical resistance/support which should act as resistance this time out - Trade closed: target reached
According to plan
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