Still Long GAS | S&R Flip : Breakout Retest on Falling wedgeNatural Gas update
Still hold a position on Nat Gas as the potential weekly double bottom continues to be confirmed with 1st target price being on the neckline/ resistance line. The past week was mostly sideways, giving signs that the bull are now standing their ground over the bears.
Things to look out for
Contract switch
US Natural Gas Stocks Change
Confirmation of the breakout from the falling wedge | Fakeout?
Disclaimer: Position open. (Natural Gas is still the widow maker).
Post not financial advice/recommendation