Traders Eye First Red Month Template in Natural Gas Futures
The author of TradingView is looking for a specific pattern in natural gas futures. They are searching for a 'first red month template' where the market attempts to go higher on the first day but closes below the previous day's closing price.
This pattern, which they have identified in smaller time frames such as days and weeks, could indicate a sell opportunity in the natural gas market.
The author emphasizes that this is not a prediction or advice to buy or sell, but rather an observation of a potential market signal. They note that their charts can be viewed on their TradingView page for further analysis.