Comments on: Natural Gas & Crude Oil Technical Analysis

By: wunnakoko

wunnakoko — Fri, 29 Nov 2019 22:32:34 +0000

@rsotc - /CL breaks down 57.5 with high volume today. How do you suggest to setup the trade?

By: pbwilli37

pbwilli37 — Fri, 29 Nov 2019 20:25:20 +0000

In reply to shaneb23. Quite the run up today in DWT , I sold 1/4 of my position after close and hope that I did not hold too much as the $4.85 to $5.00 area is going to be a big test. I also am wanting to know about the fall in NG and when to take a long position in UGAZ again.

By: shaneb23

shaneb23 — Fri, 29 Nov 2019 17:21:29 +0000

We also seem to break past the uptrend line for /CL. I'm letting my DWT positions run with close stops but curious to see how far down this goes.

By: Dean Drummond

Dean Drummond — Fri, 29 Nov 2019 15:47:36 +0000

In reply to shaneb23. welllll, this site has been bullishly biased for the last 30% drop in ugaz.

By: shaneb23

shaneb23 — Fri, 29 Nov 2019 14:56:05 +0000

Does NG not have any significant support levels at this range?