The market continues to send signals that nearby risks are elevated, and there is no clear indication to us in which direction the next sustained move will come.
So, as has been the vibe for the past couple of weeks, I'm looking for trades...
I've anticipated sideways price action for a month.
This continues as my intermediate outlook (months) has shifted from bullish to neutral as Bitcoin lost $56,000 and stocks appear as if they need time to improve.
The Analysts here at All Star Charts were discussing Natural Gas in a recent analyst meeting, and the feeling is that 'ol Natty might be putting in a bottom and ready to reverse higher.
It's certainly got me in the mood to 'F around and find out...
We love our bottoms-up scans here at All Star Charts. We tend to get really creative when making new universes as we want to be sure they will deliver us the best opportunities the market has to...