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NATURAL GAS Last pump to the 1D MA50 before selling.

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NYMEX_DL:NG1!   Hợp đồng Tương lai Khí gas tự nhiên
Natural Gas (NG1!) gave us an excellent sell signal on our last 1D analysis (January 11 2024, see chart below) and easily hit our 2.135 Target:


That Channel Down broke and the new that has emerged is more aggressive, headed into a 1D MACD Bearish Cross. If that happens, we will sell on the spot, if not we will wait until a 1D MA50 (blue trend-line) test, ideally even marginally higher (+46% from the bottom). Our Target is 1.400 (-38.50% from the top, similar to the December 13 2023 Lower Low).


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