Natural Gas: Dilemma Still Persists “To Be Or Not To Be”
Satendra Singh | Aug 05, 2017 12:26PM ET
Natural Gas futures price seems to be going through dilemma amid shifting weather announcements and thick presence of Bears and waiting Bulls for a favorable news flow, which will boost their energy to forcibly push the drought facing Bears at current levels. Bears seem to follow contemporary path of selling every rally till the eruption of any Bulls’ favorable news.
On analysis of the movement of Natural Gas futures price in 4 Hr. chart, I conclude an expected trading zone from August 6th, 2017 to September 6th, 2017. I find the traders are going to feel this dilemma “To Be Or Not to Be” before creating a position at any level. No Doubt, Natural Gas futures price seems to be going through a tough volatile phase during this phase, but overall trend seems to be upward. Traders will find more opportunities during this period. While one finds a sudden deep fall, one does not even try to understand that the Natural Gas futures price is not going to be zero and finally one thing always seen every time and that is a quick reversal. One must ensure that at any sudden fall never take a big position all of a sudden, wait and watch after taking your first step, and then take the next and finally repeat this strategy of going step by step with patience. Second thing which must also be ensured in advance is the sufficiency of your extra available fund for holding your positions for a long time.
Have a Nice Trading Time.
Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you're prepared to lose.
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