Gold, Crude, Nat Gas all look interesting
With the U.S. closed today due to President’s Day, we would expect the global equity markets to be quiet. We take a day off from discussing Trade wars, Brexit developments and global economic growth to look at commodities. There are three interesting charts that have us looking to take on risk positions.
Natural Gas traded from $2.50 up to $4.60 during Q4, 2108 and has now returned to a strong support level at $2.60. We look for a bounce and will look to go long if we close near these levels this evening.