Search
  • Moor Analytics

Natural Gas in Consolidation Within Higher Projection 8/11/20


On a macro basis: The decent trade above 1919 projects this upward 140 tics minimum, 390 tics (+) maximum. We have attained 376 tics of this. If we break back below decently, look for decent pressure to come in—this will come in at 1898-896 today.


On a shorter-term basis: The decent trade above 1748 brought in 547 tics of strength above. I warned the trade below 2136-40 and back above at the end of the day warned of short covering—we have seen 45 tics of this so far.


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