Natgas: Monitor for resumption of the trend

Between 3.065 and 3.1-3.2; Watch for potential short-entries.

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Tried to find volume, but I couldnt.

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Bulls had all the time and momentum in the world.
They couldnt exploit it. Next week will be interesting.

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-2.5 %.
This looks promising for resumption of the good ol' trend into Intermediate cycle low.

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Be greedy on this one and have TP = 2.55ish

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Now, lets see if we can break down that rectangle and continue into the abyss :)

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Inventory-report washed away, now the stop-hunt can start and then the eternal hunt for bottom.

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Took profits when price came down -4.5 % intraday. Expect a pullback now, as most are stopped out from longs.

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Excellent opportunity to short again has presented itself.
What has a small heatwave to do with the trend in NatGas?

Lets get it down to abyss where it belongs :)

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Price has been consolidating for about a month. I expect it to break down anytime. Still, be cautious, if price manages to close above 3.15.

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But yes, it is annoying like a **** when price just cant go the right place at once instead of using up time.