Friday, November 9, 2018

#NaturalGas Review $UNG

Natural Gas Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Natural gas's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.

Subscriber Comments:

Highly leveraged professional traders are using today's strength to reduce. The public is probably buying. Let's see what the COT reports tells us later today.

Word of caution bears, a retest of the channel breakout would be bullish and signal an acceleration of the up trend. This is not a forecast but rather an observation. Smart money is patiently waiting to see if this happens. Natural Gas Contract

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.