Still outside of the triangle. We are holding the breakdown , not so violent drop though. It supports my original view that after a the breakdown of the triangle we will find a bottom. The earliest I will be in position is beginning of next week. Timewise we can't have a bottom before next Monday or Tuesday, and we might have 3-4 weeks before it bottoms.
The stronger dollar here might have Natty to find a bottom deeper in the following days/weeks. I will send out an entry signal in email when I go long. The first buyings will be around 2,73$ (400ma).
Thanks for the update, been tracking this one for the last few weeks,
No position, waiting for the violent up or down move and for a commodity that is quite volatile its been unusually dormant of late. I was watching the trendline break at 2.88 on my chart.
I am expecting a pop up before we get the next pull down, so I am going to wait another couple of weeks before I go long. I might miss the bottom but dont want to get in to a sell off fall like we saw in late Feb.
RamzyNoor04
⋅
Thanks Arpi, I'll look forward for the call on the private email.
Hks6996
⋅
Arpi, I was going to ask for an update on NatGas today, but you read my mind. You are amazing... can't wait to see the email :)
bhsencer
⋅
I see NatGaz trying to form the starting of the 3rd impulsive, in the chart, I think something to look into.
No position, waiting for the violent up or down move and for a commodity that is quite volatile its been unusually dormant of late. I was watching the trendline break at 2.88 on my chart.
I am expecting a pop up before we get the next pull down, so I am going to wait another couple of weeks before I go long. I might miss the bottom but dont want to get in to a sell off fall like we saw in late Feb.