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TFC Commodity Trading Forum

Re: sold natgas calls /Lee/Trades

Hi Trades,
Thanks for the chart/comments.

This chart reinforces the 20 ema again as it did on the chart of 8/24 !!!

I agree for sure with the 4.15 comment.

Today's bar has now straddled the 20ema on the daily chart -- so far so good, but the reaction to tomorrow's report will tell a lot more !!!

Today's bar may well close above the 20ema. If so, what would you want to see tomorrow to constitute a "cross above that holds" ??? Another close above the 20ema, or the entire bar above the 20ema. I know this may be a nitpick here ???

Ng now at 4.035 and I'm a bit surprised that it got this high today !!!!

Thanks again,