As we predicted several days ago Natural Gas broke out of it's channel to the downside. Providing an opportunity to go short Natural Gas. But if you missed that opportunity there should be another one any day now, so watch your charts. The top of the chart is the daily price movement and the bottom blue part is what Natural Gas prices have averaged doing over the last 20 years. If you not following blog click the follow button and I will keep you abreast of the #Commodity #Futures that I keep up. You can also use these charts to trade #Commodity #Options.
Consolidation for #Natural #Gas may be ending. It has been closing at the bottom of the channel and appears to be headed south. Watch for a close below the channel before going short and always use protective stops when #Trading #Commodity #Futures and it never hurts to use options to #hedge your position.
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