Henry Hub Natural Gas Futures (Aug 2021)
Corto
Actualizado

Gaslights Out

148
In the beginning, of the year, it was time to buy for the Summer.
imagen

Now, Summer is here and here we are.
imagen

Price has overshot and with plenty of gas in storage, it's time for me to short the Summer contract here.
imagen

Short August(Q)
Long NG Equities
Operación cerrada: precio stop alcanzado
Squeezed out
Nota
Note that price perfectly tapped the fib extensions and hit a ceiling at the 1.618 This looks like the top for this cycle. imagen
Nota
Price could not sustain over the 1.618 extension. Sooner or later the most low risk buy opportunity would be at the retracement level below. Waiting for more consolidation imagen

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