Long Natural Gas
Updated
1. COT is at extreme bullish
2. Seasonality is bearish in January but TA shows bullishness therefore this trade can be skipped for cautious traders. Fundamentally if Crude related energy is bearish then Natural gas will become the alternative energy therefore may attract buyers due to its low price.
3. Downward trendline is broken
4. Price broke above moving average.
Long until upwards trendline is broken
2. Seasonality is bearish in January but TA shows bullishness therefore this trade can be skipped for cautious traders. Fundamentally if Crude related energy is bearish then Natural gas will become the alternative energy therefore may attract buyers due to its low price.
3. Downward trendline is broken
4. Price broke above moving average.
Long until upwards trendline is broken
Trade closed manually
update was posted in comments on 15th Jan.
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