This is the WTF chart... The chart that has never once made a move beyond down.
I dono if there is ever a time that it might reverse.. It's close.
Dumpster fire ETF's
Natural Gas entered oversold area on the weekly chart yesterday. Historically, it doesn't happen often but, when it does, an eventual bounce always follows. HNU, which tracks, currency.com Natural Gas futures, has completed a bullish MACD cross despite recent drop. Nat Gas MACD, likewise, is showing a bullish divergence vs price.
There's a million gaps to fill in this chart. As we get into a colder weather stretch predicted for the Eastern US, I expect #natgas to move a bit.
As a quick swing trade, this is setup and ready to go.
The Horizons BetaPro Natural Gas 2x Daily Bear ETF (TSX:HNU) has gone CRAZY this month! I guess we're in for a cold winter??
Here are two pickups made by the AllTradeSignals Volume Pressure Gauge:
Trade #1 - 82% gain in 7 days
Trade #2 - 24% gain in 3 day
Doubling your investment in two trades... not too shabby!
Interested in the AllTradeSignals Volume...
