Thursday, September 2, 2021

#NaturalGas Review $UNG #NG_F

Natural Gas Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Natural gas's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Natural gas ($UNG) has been up 3 months and 17%. The composite trend is R+6, 6 days past the Reset, and has generated roughly 12%. In other words, the smart play, which we talked about, was waiting for the Reset of the composite trend after the primary trend flip. The daily trend was extended when the primary trend first flipped.

Anyone that bought the Reset needs to watch the daily price (BuS) and time (BuST) cycles. As of 9/02, BuS and BuST are 0.6 and -0.71, respectively. The computer is telling us the daily impulse at 12% is nearly 1 standard deviation above the normal profit cycle. Readings above 1 tell us that the current impulse is above 68% of all past ones.

Short-term traders take profits. The higher the numbers go, the more likely the current impulse is the biggest or longest on record. How far you want to push BuS or BusT is a personal choice.

Normal Distribution Probabilities

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