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Re: Trades...nat.gas weekly chart?/Ronbo *PIC*
In Response To: Trades...nat.gas weekly chart? ()

Well DX is testing support and if short interest means anything the bears are about to get their ass kicked again. The commercials are once again net long in here at a low point and apparently there was a big push to knock the dollar below support recently that failed. So whatever. It will do what it will do but whatever the direction will have major consequences.

This NG chart doesn't get me excited. Like watching paint dry. Even the worst & coldest winter in decades couldn't move it anywhere. And the seasonally bullish periods in the fall and spring can't seem to get it to do much more than a poor dead cat bounce. I'm just trading stuff that works like the NG shipper GLNG that has doubled since last summer and just keeps going higher despite low NG prices. Also the triple short SPX on pullbacks and other trades like that along with the double bull Gold ETF:DGP on bounces. Not marrying anything as you know marriage to anything can be hazardous to your health physically and mentally and financially,lol. And good luck with your Silver. It could have a little more gas in the tank. Just watch the SI/GC ratio for a loss of momentum. That chart has been an excellent trigger for the change in Silver's momentum. Once that ratio starts to back track it may be over at that point. And as you know it doesn't come down softly.

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Re: Trades...nat.gas weekly chart?/Ronbo *PIC*