https://rightsideofthechart.com/natural-gas-technical-analysis/ Stock Trading, Investing & Market Analysis Mon, 12 Feb 2018 22:38:41 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/natural-gas-technical-analysis/#comment-3990 Tue, 02 Jan 2018 18:27:34 +0000 https://rightsideofthechart.com/?p=184896#comment-3990 Very possible, especially considering the vigor of the recent rally. However, to go long on that pullback still doesn’t offer a highly favorable R/R since /NG is still slightly below a pretty significant resistance level around 3.10-3.12 & if it takes out last night’s high soon & runs up to the 3.10-3.12 area to test it again, the same divergences that were in place at last night’s highs will still be in place, only larger. I ‘d prefer to see a larger correction before going long again, even if that means missing out on more upside before that happens.

]]> https://rightsideofthechart.com/natural-gas-technical-analysis/#comment-3989 Tue, 02 Jan 2018 16:31:07 +0000 https://rightsideofthechart.com/?p=184896#comment-3989 Do you think this retracement to 2.96 during the regular trading session, satisfies the scope of the negative divergence?

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