candidev007

$NATGAS

Long
We are entering what is traditionnaly the bull season for NatGas prices, and this week moves suggest that the bottom is in. Not only did $NatGas moved out of its descending corridor, but it managed to get back into its consolidation zone. Considering seasonality and the possibility of some short covering, I personnaly expect a sharp rise that will bring us above last week resistance. Not to mention that we got a nice reverse head and shoulder here, with higher highs and higher lows.
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