H/S?

Charts are very helpful, but they can be complimented by fundamentals. Over supply and lower demand = lower prices. Check out this article for context.

https://www.tradingnews.com/news/natural-gas-price-ng-f-struggles-below-3-236

Nice pop in natural gas today

Wheat is so low that government is giving a 1x boost in subsidies. About 2% further drop from today would be a trendline hit on wheat futures. I’d probably be a buyer there. around 488 or so.

Bless farmers for dealing with so much uncertainty

https://farmersforum.com/corn-and-soybean-prices-down-wheat-prices-down-5-6-per-cent-in-one-year-statcan-reports/

Thanks for mentioning the NVDA. Just looked at the chart. When NVDA flatlines for a few days it is typically followed by a drop of a few percent. Who knows if it will happen this time. I put on a small short position today. Also, the price is at resistance of a nice trendline.

My first target is a 4% drop and then 10.71% down to the 50MA. However, things are so crazy right now, I’ll probably get out tomorrow to avoid risk over the weekend.

Randy would update if equities are down because that is what he’s calling for. If it doesn’t go his way (which it hasn’t for 90% of the time) then you’re on your own. It’s your trade. Extremely frustrating that he can’t offer warnings and advice to save people getting stopped out again based on technicals. I’ve only ever heard him suggest a bounce from support a handful of times, it’s always if and when it breaks. Constantly wheeling out reasons why it’s coming down and offering subjective short positions but never why it’s going up or could go up and what to do if it does.

I wouldn’t short anything….but I’m also a good contrarian indicator.

Long-term (weekly) chart & my thoughts on $NATGAS in this reply I made earlier today & 60-minute chart below: https://rightsideofthechart.com/unh-unitedhealth-group-breakout-8-12-25/#comment-36611