Commercials are heavy long NG

7 Ağu 2019

I was wrong on my last idea, NG went on and dropped lower. Trend remains down until we see a close above 2.33 then 2.48. Commercials are heavy long at levels not seen since 2016. Seasonality is bullish from now to Nov-Dec. we just need to see a sustainable rally to bolster the idea of a bottom for the year.

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26 Kas 2019

Not

When you see such heavy commercials (insiders) positioning, you get ready to ride along with them