I do see some strong resistance soon around $8 for UNG, where it
meets the down trending 34 week EMA.
However, the 5 wave impulsive move down seems ended in early
2016. So far, the move up seems corrective, so it might be a choppy
move up. To Steve's point, subjective entry is important in playing
this. I still believe percentage wise, this could be a big mover
this year. A 23% retracement can take UNG to 10.
Not yet, that's why I said "poised". $Natgas Needs a strong move
above 2.50 to break the symmetry, and confirm this move. However,
it has a divergence on weekly chart at previous low, and is also
forming an inverse H&S, or Cup and Handle.
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Lovely kids! Merry Xmas!
Merry Christmas
Posted by laouuu on 23rd of Dec 2016 at 06:48 pm
IYR Potential Short
Posted by laouuu on 14th of Dec 2016 at 11:29 am
Up against 200 Day MA, black doji yesterday, followed by down candle today. Potential short if no big gap up over resistance.
What's the strike of the
TLT Daily View
Posted by laouuu on 14th of Dec 2016 at 10:47 am
What's the strike of the TLT calls? Thanks
CALL looking Interesting
Posted by laouuu on 9th of Dec 2016 at 01:22 pm
Breaking out of a big base
TRQ is categorized as industrial
TRQ up despite the carnage in GDX
Posted by laouuu on 23rd of Nov 2016 at 01:11 pm
TRQ is categorized as industrial metal company, and it is behaving like one.
Will system add 40% SSO
SPY system went long
Posted by laouuu on 3rd of Nov 2016 at 03:19 pm
Will system add 40% SSO today?
Why GVZ is going up with Gold?
Posted by laouuu on 1st of Nov 2016 at 10:34 am
Nice follow through on Iron and Steel stocks
Iron & Steel looking strong
Posted by laouuu on 25th of Oct 2016 at 10:33 am
Iron & Steel looking strong
Posted by laouuu on 21st of Oct 2016 at 02:35 pm
Why OVX is up with
OVX USO trade
Posted by laouuu on 28th of Sep 2016 at 07:51 pm
Why OVX is up with oil today? Traders not believing in the deal?
MOBI
Posted by laouuu on 16th of Sep 2016 at 03:40 pm
Looks like cup and handle, or bull flag to me. With all Chinese stocks strong, this might have a chance.
Is GDX system back to
Fed Brainard Speaks at 1:00 PM EST
Posted by laouuu on 12th of Sep 2016 at 04:49 pm
Is GDX system back to long?
FE - Pulling back to 200 MA
Posted by laouuu on 5th of Aug 2016 at 10:58 am
May have a trade-able rally. Waiting for a trigger.
KNDI - looks intereting
Posted by laouuu on 5th of Aug 2016 at 10:20 am
Coiling, looks interesting.
Thanks Steve, Matt and bbaz1
$NatGas Matt & Steve as patient teachers & Laouuu
Posted by laouuu on 9th of Jun 2016 at 05:09 pm
Thanks Steve, Matt and bbaz1 for the guidance.
I do see some strong resistance soon around $8 for UNG, where it meets the down trending 34 week EMA.
However, the 5 wave impulsive move down seems ended in early 2016. So far, the move up seems corrective, so it might be a choppy move up. To Steve's point, subjective entry is important in playing this. I still believe percentage wise, this could be a big mover this year. A 23% retracement can take UNG to 10.
Natural Gas
Posted by laouuu on 9th of Jun 2016 at 02:13 pm
Is nat gas breaking out long-term trend?
Not yet, that's why I
Is UNG poised to break out long-term?
Posted by laouuu on 1st of Jun 2016 at 05:02 pm
Not yet, that's why I said "poised". $Natgas Needs a strong move above 2.50 to break the symmetry, and confirm this move. However, it has a divergence on weekly chart at previous low, and is also forming an inverse H&S, or Cup and Handle.
Is UNG poised to break out long-term?
Posted by laouuu on 1st of Jun 2016 at 01:17 pm
Any chance Spy Pro System do a short today?
SPX 2m
Posted by laouuu on 17th of Feb 2016 at 02:15 pm
SPX 5 min
SPX 5 min
Posted by laouuu on 2nd of Feb 2016 at 12:56 pm
Looks like a trending day if using 60 ss on 5 minutes?