I am not an Energy head, but this catches my eye. A subscriber asked if I would focus closer on Energy and I was a little bit dismissive (of Energy, not the subscriber) after having one highlight (and trade) in Energy earlier in the macro relief bounce.
This prompted me to take a look at Natty (I already know what Oil is doing), which is breaking to fresh lows within its daily chart downtrend.
And this is a generational opportunity… or a complete disaster. I welcome opinions on which it may be.
Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.
