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NATURAL GAS BULLISH UNLESS WE TRADE 1746


On a macro basis: The decent failure back below 2267 has brought in 593 tics of pressure. This is ON HOLD.


On a shorter-term basis: The decent trade below 1854-51 warned of decent pressure. We have seen 174 tics of this. This is ON HOLD. The decent trade above 1759-60 has brought in 73 tics of the short covering warned about above so far. This will come in at 1765-64 today. The decent trade above 1788 (-.7 of a tic per/hour) should bring in continued strength; but if we break back below decently, look for decent pressure to come in. This will come in at 1771 (-.7 of a tic per/hour starting at 9:00am). Decent trade above 1889-94 should open up the upside more and a run for 1970 (+).


NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.


Commodities trading involves a substantial degree of risk and may not be suitable for all investors. Michael Moor does not guarantee profits and is not responsible for any trading losses of subscribers. No representation is made, stated or implied, that any investor will achieve results, profits or losses, even remotely similar to hypothetical results. Past performance is by no means indicative of future results. Information provided in this newsletter is not to be deemed as an offer or solicitation with respect to the sale of purchase of any securities or commodities. Any copy, reprint, broadcast or distribution of this report of any kind is strictly prohibited without the express written consent of Michael Moor. Michael Moor may execute transactions in a proprietary trading account that may be consistent or inconsistent with the contents of the newsletter. The content, statements, and viewpoints expressed in this publication are those of Michael Moor solely in his individual capacity and are not attributable to any person or entity other than Michael Moor

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