Nat-Gas (UNG) Pressure Gone

At this juncture, downward pressure on nat-gas (UNG) has evaporated.

At pivots, this price action scenario is nearly always the case. 

Way back a century ago, the father of technical analysis, Wyckoff said it best; ‘It’s as if the weight of a feather could move the market in either direction.’

This location was dubbed by his acquaintance, Livermore, as the ‘danger point’. 

It’s the point of least risk; Where the margin (gain or loss) of being right or wrong is narrow and easy to see.

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