Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
Trading positions
- Crude Oil [CLZ21] No position currently justified on a risk/reward point of view.
- Natural Gas [NGX21] Long around $4.766-4.920 support (yellow rectangle) – with a stop below $4.615 and a target at $5.604 – See Fig. 1
Did you miss our last article about the spiciest MLPs to trade? No problem, you can have a look at our selection through our dynamic stock watchlist!
Trading Chart
Figure 1 – Henry Hub Natural Gas (NGX21) Futures (November contract, daily chart, logarithmic scale)
Happy trading!
As always, we’ll keep you, our subscribers, well-informed.
Thank you.
Sebastien Bischeri
Oil & Gas Trading Strategist
