For the last 4 weeks average number of old long contracts closed is much higher than old short contracts.Besides, for the last 2 weeks new short contracts are higher than new long contracts.It looks like Natural Gas is in a distribution crescendo and its prices should fall soon.Check my chart for natural gas on my websites(http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website)
My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.
Sunday, 26 July 2015
Natural Gas
For the last 4 weeks average number of old long contracts closed is much higher than old short contracts.Besides, for the last 2 weeks new short contracts are higher than new long contracts.It looks like Natural Gas is in a distribution crescendo and its prices should fall soon.Check my chart for natural gas on my websites(http://futuresandoptions.wix.com/cotswingcharts and http://cotreportfreeswingcharts.my-free.website)
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