palmereldritch

Cot report LONG NATURAL GAS

Long
NYMEX:NG1!   Natural Gas Futures
A warning is that NG is very volatile and COT is usually late in forecasting the movement. We want nonetheless to combine as well some technical analysis on a very important multi decade support level.

R/R very favorable
Comment:
We aim for a 50% move
Comment:
Entry 1.62
Trade closed manually:
saudi - russia problem. Better stay out of energy market as a whole
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