ChartLine

[ChartLine @NycStock]

@SeanNicol No, Monday May 26 is Memorial Day.

[ChartLine @NycStock]

#natgas - Today $KOLD will close green for the 5th consecutive day, only the second time that has happened since last Oct. (It has not closed green 6 straight times since last Oct).

[ChartLine @NycStock]

@SeanNicol Agreed. My two cents is that a 6th straight green day for KOLD (or red for BOIL) is increasingly unlikely, but only Monday will tell. Either way, I am staying flexible and could go short natgas again next week.

[ChartLine @NycStock]

#natgas : Watching for possible $KOLD near term double- top resistance at $24.95 (per 5-min candles since May 6)

[ChartLine @NycStock]

@SeanNicol That was my hope last Friday morning, until it went to $3.85 on no news whatsoever.

[ChartLine @NycStock]

@SeanNicol Trying to be cautious but $3.34 seems like an over-correction.

[ChartLine @NycStock]

#natgas daiy candles since February 17

[ChartLine @NycStock]

@AnalysisOp Agreed. And after selling $KOLD yesterday (too early), just went back to $BOIL as I think natgas is now oversold near-term:

[ChartLine @NycStock]

#natgas - As always, aggressive momentum betting on natgas proves dangerous. It was dangerous to short it under $3.20 three weeks ago and it was dangerous to go long last week over $3.70. It's a freakin commodity, not a meme stock.

[ChartLine @NycStock]

$CLF now forming 2 consecutive Hammer candles. Shorts are officially f--ked.

[ChartLine @NycStock]

@jslamat At the end of the day, you have the most pro-steel POTUS in the White House since FDR and WW II. Goncalves is f--king this up.

[ChartLine @NycStock]

$CLF - today is critical to see if we can bottom wedge at $7.30 (daily chart for last one year)

[ChartLine @NycStock]

@BabyGotGas Thanks for post. Fundamentals always matter.

[ChartLine @NycStock]

@jslamat Problem now is that the Dow rally may be over, and as the Dow retraces, it will pull Cliffs down with it.

[ChartLine @NycStock]

@Ronh999

[ChartLine @NycStock]

#natgas : the 8-hour RSI since Sept 1. Now back below the 15.00 extremely oversold level:

[ChartLine @NycStock]

#natgas : The 2-hour Slow Stochastic since April 21

[ChartLine @NycStock]

@BabyGotGas Yep! What got me mad was a video over the weekend where the analyst droned on about natgas "certainly" heading up to "the next resistance" at $4.12, but not even discussing the fundamentals. Idiocy!

[ChartLine @NycStock]

$CLF Cleveland Cliffs - formed a Hammer daily candle (a/k/a Dragonfly Doji)

[ChartLine @NycStock]

$CLF - the 2-hour candles since August 27. Has it finally bottom-wedged, despite all the heavy shorting for months?

[ChartLine @NycStock]

$CLF - today is the thinnest volume day since before the earnings release. With liquidity now lacking, how can the 70 milllion short shares ever hope to cover before the next bullish-on-steel Trump Truth Social post?