The 200 day EMA is just above the $2.70 level, which is also an area that I’d be interested in shorting at. The seasonality simply doesn’t work out in favor of natural gas, so as a result I typically don’t buy the contract until November. That’s not to say it can’t be done, it’s just that it seems that move slower tend to move a bit quicker than moves higher, and therefore you can mitigate some of your risk as you are not in the market as long to pick up your profit.
If we did break down below the $2.50 level, that opens the door to the $2.25 level, but at this point I don’t think it’s going to happen in the short term. However, if it does you should stand up and take notice.
$FUT:天然气主连(NGmain)$
$天然气ETF-United States(UNG)$
$三倍做空天然气ETN(VelocityShares)(DGAZ)$
$三倍做多天然气ETN(VelocityShares)(UGAZ)$
$ProShares Ultra Bloomberg Natural Gas(BOIL)$
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