Trading Watchlist:
1. UNG
Take 50% profits out of UNG short trade as soon as possible because of the following:
(1) the broader markets (QQQ, RUT, BTC, and SPY) seem to be experiencing an anticipated relief bounce.
(2) there is a good possibility (backtesting reveals) that NATGAS (inter-market relationship) will experience a strong relief rally before any continued downside:
2. NATGAS
3. QQQ – analysed.
4. BTC – analysed.
5. SPY – analysed.
6. RUT – analysed.
7. US10Y – analysed.
8. UVXY – analysed.
9. BIIB – analysed.
10. UAL – analysed.
11. JETS – analysed.
12. FFIV – analysed.
13. WBA – analysed.
14. SAP – analysed.
15. SOLUSDT – analysed.
16. DG – analysed.
17. BIDU – analysed.
18. TIGR – analysed.
19. DJI – analysed.
20. GE – analysed.
Next Actions
- Take partial profits out of UNG as soon as possible.
- Ensure that you monitor the market again, just before it closes at 8pm, in order to exit or enter any relevant trading position.
