I feel cold. What about you? - Gas update
You can find my detailed analysis via links below.
With this chart ref. to March/2016 Henry Hub futures, I'd like to call your attention for a possible pull back from extremely oversold levels.
- Heikin-Ashi candle and haDelta shows selling pressure eased in last two days. We may see some short covering, with possible retracement tgts to Tenkan Sen at 2,10, or if it really gets squeezed then towards Kijun Sen 2,20+
- Note that gvn extremely low EWO, we have probably seen a local bottom here at 1,92 (March/16 contract)
I have 0,5 unit swing long.
With this chart ref. to March/2016 Henry Hub futures, I'd like to call your attention for a possible pull back from extremely oversold levels.
- Heikin-Ashi candle and haDelta shows selling pressure eased in last two days. We may see some short covering, with possible retracement tgts to Tenkan Sen at 2,10, or if it really gets squeezed then towards Kijun Sen 2,20+
- Note that gvn extremely low EWO, we have probably seen a local bottom here at 1,92 (March/16 contract)
I have 0,5 unit swing long.
