Natural Gas (Henry Hub)
Short
Updated

NGAS, Short

247
Her is what will happen in 2 weeks. in the circle
1- The price will fall to enter the circle and will be tested on 100 EMA line.
2- The Trendline (yellow) and the 100 EMA will meet.
3- The price has to break the lower BB and get out of the BB.
**
The day all three above accomplished, get out of short and Reverse your positions (GO LONG), it will be a very nice ride north.
Note
time to start fine tuning: On 4H, it is forming a nice Bullish Pennant. if the pennant broken from the top, The safest ride is after reversing on top of the resistance line of touching the pennant line from the top

snapshot

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