Replies to post #5116 on 3rd Leg Trading

[C C]

D filled top of gap

Remember NG is still in downward movement
Not sure if broken try to head upward just yet

cc

[C C]

My ......not sure gonna rise in price
look at April of 2018 contract price
contract price.....2.929
change = 0.00
Open....2.929
High.....2.929
Low......2.929
only 11 contracts were bought
time...... 19:35

Feb only 2 contracts were moved
March only 11 contracts moved
April only 11 contracts moved
not much demand


there is no one trying to buy Feb tru April contracts causing prices to rise
no demand......not sure we going up from here
caution is in order till demand start coming into ng contracts

price for ng is a basket price of mixed contract prices
causing prices to rise or fall as future contracts are bought or sold off
causing rising or falling of natty

caution in order
hope this helps.......my insight....for what itz worth

am on side lines.....cash


cc

[C C]

Trying to get up n go
If can I would hold 4 next few days n see where it goes
U may get lucky n get out from under it



cc