Can KOLD make it through the summer?
KOLD is a leveraged inverse of natural gas futures contracts. Natural gas prices could see a rise
this summer as it is fuel for electric plants to make electricity to power air conditioning and
charge all the new electric cars. Hydroelectric and wind might be green put they contribute
little to the large power grid. NG is better than coal and diesel. So if a supply and demand
imbalnce develops what does Eco 101 say will happen to prices ? KOLD will go down and BOIL,
its inverse will go up as rising current prices will reflect in futures contracts in months ahead.
On the chart, KOLD is seen in an uptrend and the RSI has crossed over the 50 line while
price has crossed over the POC line of the profile ( mean price at which the most shares traded
over the given date range). Bullish momentum is slightly dominating with moving averages
diverging. A volume void above may result in a small jump along the way. Will the summer
heat drive up NG prices and make KOLD melt?
this summer as it is fuel for electric plants to make electricity to power air conditioning and
charge all the new electric cars. Hydroelectric and wind might be green put they contribute
little to the large power grid. NG is better than coal and diesel. So if a supply and demand
imbalnce develops what does Eco 101 say will happen to prices ? KOLD will go down and BOIL,
its inverse will go up as rising current prices will reflect in futures contracts in months ahead.
On the chart, KOLD is seen in an uptrend and the RSI has crossed over the 50 line while
price has crossed over the POC line of the profile ( mean price at which the most shares traded
over the given date range). Bullish momentum is slightly dominating with moving averages
diverging. A volume void above may result in a small jump along the way. Will the summer
heat drive up NG prices and make KOLD melt?
トレード稼働中:
Call options performing well with 50% return but how long can it last before natural gas prices move consistently upward ?
トレード終了: 利益確定目標に到達:
Trade closed KOLD is due to retrace downward. Uploaded idea for UNG. Going UNG/ BOIL long.
トレード稼働中:
I have an updated idea on Natural Gas linked here
トレード稼働中:
I have bought a small collection of put options striking $85.00 for January 24 making a long-term position that would profit heavily from a rise of prices in the next heating season.
takes a large hydroelectric plant offline and compromises the cooling ponds of the nuclear plant- NG may be the fuel for alternative electric generation affecting the supply and demand imbalance