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Natural Gas Inverse ETF Looking Bullish In Range

Long
ProShares UltraShort Bloomberg Natural Gas (AMEX:KOLD)  
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AMEX:KOLD   ProShares UltraShort Bloomberg Natural Gas
Chart Patterns Trend Analysis Technical Indicators Bullish Divergence tradingrange oversold
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chartpattern trendanalysis indicator bullishdivergence tradingrange oversold
Natural Gas is looking bearish with a potential bearish ABCD:
PCZ of Bearish ABCD Reached; Weekly RSI Overbought.

There for in an attempt to play this bearish move down i will be looking into trading this inverted ETF.

This ETF seems to be trading near the bottom of a long term trading range that has never been broken in it's 10 years history while showing MACD Bullish Divergence and being Oversold on the RSI so i see this as the perfect place to buy.

Idées en relation

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RSI Extended at PCZ of Bearish Shark
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PCZ of Bearish ABCD Reached; Weekly RSI Overbought.
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