Thursday's Outcomes: CNX

CNX has been pulled from active position status and placed on the roll shelf, where it awaits reentry at the appropriate moment. I've updated my analysis with a discussion of the chart. See "CNX: Bearish on coal and natural gas".

This is an addition to my "Thursday's Outcomes" post at the market close.

References

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.