Natural Gas is Bullish 12/30/20
On a macro basis: The decent trade below 2695 has brought in 430 tics of the decent renewed pressure warned about below. This is ON HOLD.
On a shorter-term basis: The decent trade below 2651 (+.4 of a tic per/hour) projected this downward 140 tics (+). We have attained 388 tics so far, but this is ON HOLD. The trade back above 2389-406 warns of decent short covering. We have seen 80 tics of this so far. The maintained gap higher also left a short-term bullish reversal below, but this will be more effective once we take out 2507.
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.
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