Saturday, 25 June 2016

Natural gas

In the last 3 weeks  there was a total number of new short swap contracts opened(39,613) for natural gas vs a net number of old  long swap contracts closed(788) for this commodity.Besides, I got a PCC = - 0.99 for short OI and long OI for this commodity in the last 3 weeks and this means a huge divergence between bearish sentiment(rising) and bullish sentiment(falling) in this span of time.As result I expect price of natural gas to fall in the coming days/weeks.Check out my startegy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts
http://cotreportfreeswingcharts.my-free.website/


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