Whooph Trade - KOLD (Short NG)

See how WAVES 1-5 help navigate your trade.

Whooph is Short NatGas in KOLD, which has completed the upward Wave 3, and NOW completing a Wave 4 pull-back. This position in the short-term trend structure is corroborated by the lack of weakness in KOLD, which would be expected in KOLD’s next Upward Wave 5.

The chart illustrates these Waves as well as KOLD’s bullish Upper Operating Area (UOA in 75-100) in the Stochastic Indicator.