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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: edward miller who wrote (6785)	3/20/2023 9:42:39 AM
From: Sun Tzu	Respond to of 10485

This is the wrong time to use use this tool for natgas and UNG is the wrong pick to begin with. This tool is most effective when a range or a trend has been established for a while. It tells you if you have entered a tipping point. It does not tell you if a tipping point will be coming up soon. It is not a magic crystal ball. Because of that, you want to apply it to something that is stable and does not suffer from leverage decay. With that in mind, here it is applied to natgas itself. See where I drew the red vertical line? NG futures were at +6 just 2 days before and turned to -6 then. That was when you knew you should buy KOLD.