Natural gas continues to test mean reversion strategies.
This commodity is continuing to burn the shorts.
For a couple weeks now, Nat Gas has been trading at the upper 2.5 deviation band.
This is an extreme overbought signal that often results in profit taking.
Natural Gas Daily RSI is now diverging from price at overbought levels.
This commodity is continuing to burn the shorts.
For a couple weeks now, Nat Gas has been trading at the upper 2.5 deviation band.
This is an extreme overbought signal that often results in profit taking.
Natural Gas Daily RSI is now diverging from price at overbought levels.