Natural Gas Futures
Short
Aktualisiert

same pattern different day

524
NG just did a huge gap up on open with very low liquidity. This has happened a few times in this range. Thinking this was the final though and we are gonna nuke hard over the coming days assuming we can get back under 6.8. 6.8 is the line in the sand. under down over up.

I would assume whomever bought the 900 contracts to bring it up 10% has many more contracts that they will now be able to distribute significantly higher for relatively little cost.
Anmerkung
closed position but only because it happened so fast and was too good to get gapped back up on.

id like to see us move back up in after hours on low volume. I will look for possible reentry if it comes to be
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another after hours low volume pump. hmmmmm
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looking for NG to pullback from here 7.05ish. reshorted stop above 7.3.
energy isnt bullish like metals but we will see.
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2/3 closed sl moved into profit
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watching this zone between 6.5 and 6.6. will consider cutting if PA tells me to do so
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would like to see at least 6.4 before any major bounces back up but we will see
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last contract closed 6.4. will reshort if the support can be flipped

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