SIGNAL TERMINATED – NATURAL GAS SHORT – TAKE PROFIT
Today, CAs are closing the “Short” analysis from 21/1/7 on Natural Gas with a profit of about 5%.
ORIGINAL TEXT: Natural Gas Short. The latest statistics on the week-on-week change in natural gas reserves again showed a significant decline in commercial storage facilities. But that is history. It is true that today’s inventory estimates point to a possible drop of about 25 million BTUs compared to last week, but according to CA analysts, this is more of a computational reverberation within distribution flows. CA and its contributors see in the current technical situation the possibility of reversing the 14-day trend. Natural gas is currently moving up the trend line and could now test 2.4-2.5 levels per mmBTU.
Chart source: WebTrader