Commodities are selling off right due to whole Greece Situation and the sell off China.
This trade is based on the similar concept as the Natural Gas play with expected downside momentum to continue. Only difference is that i'm looking at this from a 4hr intraday chart.
Expected target is around 615.00 along with the corresponding CS levels with it
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.