Natural Gas Due for a move to upside

2023년 6월 5일

I believe natural gas is respecting the support trendline quite strongly and as long as this trendline is held I am long on gas.

One thing is for sue, we are much closer to the bottom than ever before... it is amazing that NATGAS is now worthless! too much production and storage has contributed to this freefall (not to mention that I believe it is highly manipulated).

At some point the producers will cut production to balance their costs...

2023년 6월 8일

노트

So far we are crawling up the path depicted on the chart... lets hope it comes to fruition :)

2023년 6월 15일

노트

going according to the plan. I would take 33% off the table

2023년 6월 23일

노트

Going according to the plan. Unloaded 33% of position. Waiting for a small pull back and re-add again with that 33%

2023년 6월 29일

노트

I am preparing to add to my longs at around $2.4 if we ever go there