The oscillators have roared north,… as has the price.
Im gonna take a pause here to let the market catch its breath. I dont feel like giving back everything ive gained . Even if it goes higher, great…..After having advanced this much this fast, the odds of it retracing back to this level is pretty decent unless the market goes berserk!
. Now I can afford a bigger Turkey 🦃🦃🦃🥳 .
And hopefully,…….try and catch a retracement Friday or perhaps Monday as Friday markets close early and volume is gonna be thin and things might get a little choppy. But who knows at this point.?
Whichever way you go,….I wish you all the best in your trading. 📈🎯
Again, happiest of Thanksgiving to All !!! 🦃🦃🦃🥳🍻✨
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PhotoSynth
OPclover4lsy
:
Oil and natural gas have almost no correlation at this point. And as far as weather goes Europe is getting blasted with a huge cold snap right now. And we are getting colder for certain. So Im not quite sure what you're looking at?
clover4lsy
PhotoSynth
OP
:
There is some substitution between natural gas and oil, and it is still unknown whether LNG will leave port in mid-December. The US winter is indeed above the average now, and it cannot be sold to Europe at this stage. Today's highest NYMEX broke 8, so there's nothing wrong with taking a profit first
JustSurface : I'm averaging into $ProShares UltraShort Bloomberg Natural Gas (KOLD.US)$
still holding 110 shares of BOIL
clover4lsy : Oil is falling and falling, and the weather is so warm again, let's figure it out first![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
PhotoSynth OP JustSurface : Im back in
PhotoSynth OP clover4lsy : Oil and natural gas have almost no correlation at this point. And as far as weather goes Europe is getting blasted with a huge cold snap right now. And we are getting colder for certain. So Im not quite sure what you're looking at?
clover4lsy PhotoSynth OP : There is some substitution between natural gas and oil, and it is still unknown whether LNG will leave port in mid-December. The US winter is indeed above the average now, and it cannot be sold to Europe at this stage. Today's highest NYMEX broke 8, so there's nothing wrong with taking a profit first