Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

May Nat Gas/ Stalling out at $4.00 *PIC*

May Nat Gas ran up to the $4.00 price resistance level once again and typically stalled out. The RSI 21 once again tagged the very overbought zone of 70 and rolled over just like last October. NG at $4.00 makes switching from Coal not viable. Price remains in a choppy 15 month base building zone of less than one dollar. There are better fish to fry.