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Writer's pictureMoor Analytics

Natural Gas Bullish 1/4/21


On a macro basis:The decent trade below 2695 brought in 430 tics of the decent renewed pressure warned about below.The decent trade below 2651 (+.4 of a tic per/hour) projected this downward 140 tics (+). We have attained 388 tics so far. These have been ON HOLD since the break back above 2389-2406.


On a shorter-term basis:The trade back above 2389-406 warned of decent short covering.We have seen 240 tics of this so far.The maintained gap higher on 12/29/20 also left a short-term bullish reversal below.Decent trade below 2342 will negate the bullish reversal. Trade below 2522-19 will warn of pressure.Decent trade below 2500 (+2.4 tics per/hour starting at 9:00am) will put this below a steep formation that will warn of pressure; but if we break below here decently and back above decently, look for decent short covering to come in.


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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