patrick186
Short

Natural Gas High?

NYMEX:NG1!   Natural Gas Futures
Weekly head and shoulder pattern forming with high-test on the monthly rejecting fib retraces and 50sma.

Checkout full analysis here: https://patstrades.com/2017/05/30/natura...
Pat, interesting analysis and seems more accurate getting by the day. So you think the bleeding might continue next week to the target or we get a pause?
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patrick186 profmazare2c
@profmazare2c We penetrated support on the daily today but then rallied to close above (200ema and daily neckline). Ideally this sends price back up to the daily fib area mentioned in the "short entry plan" idea I posted. Price would then bounce from that area down to the first target (weekly neckline).
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