Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
The sharp decline in Natural Gas's DI suggests a release of the bullish energy build. Nibble is necessary before price moves - when DI and DI2 are high. DI2 is still high, but the sharp drop in DI raises the risk that a disciplined trader would be chasing rather than anticipating. As I have said before, the nibble is over for now. Maybe United States Natural Gas (NYSE:UNG) declines and DI rises again to a lower high? This could be another opportunity as long as the price doesn't collapse.
The disciplined trader is waiting for the primary trend to flip up now. This could take months and may never happen.
Natural Gas DI
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