Sunday, September 30, 2012

Natural Gas is back

Clear multiple ABC pattern in Natural Gas !
Focus on that first "C" level, it served as a key support for our current "B"
Natural Gas is back !

1 comment:

Alex said...

Hi Moise,

Natural gas looked good last week based on trader positioning in the Commitments of Traders reports. But based on my signal from this data, my setup for natural gas goes to cash as of the coming week's open of trading.

The COT trader positioning is now starting to look somewhat bearish, although my signal has yet to go short.

I'm not saying anything about your reading of the technicals, which do look more favourable. Just thought you might like the COT perspective! My signal has been quite profitable the past three years.

Best regards,