Francis Hunt – The Market Sniper – joins Zak Mir in the studio to discuss the technical trading. Today’s agenda focuses on what the near-future holds for Natural Gas in the commodities market, and how Francis’ trade tips from December 2014 played out.
2.75, the magic number for gas
Francis Hunt talks us through how the price cycle for gas pivots on the 2.75 value. He believes it to be in line with the price action, despite concerns over oil, and can see the pattern becoming more bullish and strong on the upside.
Russian bet a winner, China still neutral
In December, Francis provided his analysis, and backed a long position on Russia, and shorting China. 8 months later, his Russian position has paid off and looks set to continue that way.