NGN13 – July NatGas (Last:4.004)

If you’ve eagerly awaited a good buying opportunity in this vehicle, there are two places you could try, both of them Hidden Pivot supports that have been a month in coming.  The first lies at 3.876, and it should be bought using camouflage on a chart of 15-minute degree or less.  The second is 3.792, and because it represents the maximum extension of the pattern, it can be bought with a stop-loss as tight as you can abide.  Please let me know in the chat room if you fill so that I can establish a tracking position for your further guidance. _______ UPDATE (June 5):  Although there are lower targets outstanding, camouflage traders shouldn’t pass up the easy buying opportunity that could follow a b-c pullback from in-between any of the peaks labeled in this new chart.