Jan 15,23-NG-Will it get back down to 3
So NG started this week off with a Gap Up, not huge but still up.
Question is....will it stay up and gain or is it going to get back to the 3 mark. 3 would put it at the bottom of the Linnear Regression Indicator as you can see on the chart.
I'm going to hold off on any trade until I'm sure price action is going to keep going up (as sure as I can be anyway).
I'm still thinking price will end this week down, if not to 3 then to 3.2 - then I might consider putting in a Buy Order.
Thoughts?
Heiko
Question is....will it stay up and gain or is it going to get back to the 3 mark. 3 would put it at the bottom of the Linnear Regression Indicator as you can see on the chart.
I'm going to hold off on any trade until I'm sure price action is going to keep going up (as sure as I can be anyway).
I'm still thinking price will end this week down, if not to 3 then to 3.2 - then I might consider putting in a Buy Order.
Thoughts?
Heiko
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