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 stop below $4.615 and targets at $5.311 and $5.604 – See Fig. 1
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Trading Chart
Figure 1 – Henry Hub Natural Gas (NGX21) Futures (November contract, daily chart, logarithmic scale)
Today we readjusted our position targets. That’s all for today, happy trading!
As always, we’ll keep you, our subscribers, well-informed.
Thank you.
Sebastien Bischeri
Oil & Gas Trading Strategist
