Natgas…is looking unhealthy. This is attempting an ORL day.
What is most bearish about the formation is the sustained price action
under the 200 day mvg avg @ 3.656. 3.71 becomes my macro upside pivot.
We’re looking for this to test the last upside breakout in March around 3.44
The Natty action is leading to profit taking in the infrastructure names after
a big 2 1/2 day up move.
Time Frame Trading….Keep it simple..
Nothing has changed in the Dollar trade…Follow the Bonds!
30 yr. hits resistance and the dollar rallies.
