Wednesday, September 18, 2019

#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

Another day, another uptick in Natural Gas. While the nibble phase is over, the discipline trader watches everyday. If NG generates a huge daily price move (BuS > 2), a large BuS > 3 or 4, the trader might take profits on the core position. Abnormal price cycles are rare. Rare usually means take profits. The disciplined trader restores the size of the position if the primary trend flips. Not saying any of that will happen, only that subscribers need to pay attention. NG's primary trend is still a month(s) away from flipping. If it happens on this impulse, the daily alignment will be so extended, there's no way I will chase. The smart play will be wait for consolidation and double or Trip Up alignment.

The real value of the Matrix is not "signals" but understanding the composite trend as described by the daily, weekly, and monthly components. There's absolutely no way traditional TA, the form commonly used by traders, can be used consistently by investors. It lacks depth. Many will disagree with that statement, but anyone that's studied the Matrix rather immediately dismiss it as complicated will come to understand the true definition of the trend within cycles (flow of time).

Follow me on Twitter or facebook for further discussion.


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