Big Short on NATGAS Am I Crazy?Gooood morning guys,
As always I keep things brief and simple
Short on CAPITALCOM:NATURALGAS actual price 3.50$
FIRST TARGET --> 3.00$
SECOND TARGET --> 2.75$
Why?
- Stocks are full in Europe
- Seasonality, Autumun season boosts in the beginning of October stabilizes till mid of it and crashes in the end of the month. I'm just following the cycle.
What could go wrong?
- Israel events happened and we still have to see the effects with other exporters arab countries I don't think that something is going to happen as the '73 crisis (I don't have a sphere to predict the future)
- The stocks are not full in the US
- Thyphoons in the US
- Unexpected decrease in temperature
- Seasonality not respected and sudden big speculation on the price of NATGAS
With that being said I just share my opinion here and I repeat don't have a magic sphere nor I'm god so future is always unpredictable I just adapt to change and keep up to date.
oh and yeah TradingView already says that but I'm going to say it again I AM JUST SHARING MY IDEAS NOT FINANCIAL ADVICES HERE
Peace out
