Natural Gas: Trapped Bears Are About To Run
Satendra Singh | Nov 23, 2017 09:20AM ET
On analysis of the Natural Gas futures price movement in the same chart pattern which I noted in my last analysis on November 23rd, 2017 at 09:10:00, I find the Natural Gas bears are trapped well in the “Bear Trapping Zone” in a thickly populous strong room, in which they have already trapped themselves due to their growing greed.
I find the trapped bears are feeling too hapless to find even a breathing hole; and which is only to climb-up on each other to create a ladder to reach up to ventilation hole in the roof of this trapping room. And, finally a formation of a short-covering rally will only be an option for them.
I am feeling the thick presence of well equipped bulls, ready to thrash the retreating bears only through the roof-ventilation.
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