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mark.obradley

Natgas short?

Short
CFDs on Natural Gas (OANDA:NATGASUSD)  
mark.obradley Updated   
OANDA:NATGASUSD   CFDs on Natural Gas
Trend Analysis Chart Patterns natgas NATURAL GAS DGAZ UGAZ UNG
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trendanalysis chartpattern natgas natgasusd dgaz ugaz ung
It looks like natgas is diverging from WTI crude. As well, on a monthly chart the RSI is hitting the same level as previous pullbacks. Would not chase natgas higher and would wait for a second candle to hit the trendline then short using DGAZ.

Thoughts?
Comment:
There we go, the second pop to the trend line. Getting closer to a short entry
Comment:
Winner winner :p
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