Nat Gas/ UNG is into massive support and completely oversold on the daily & weekly time frames.
Everyone wanted nat gas at +$9 but no one wants it below $3.
Funny how markets work.
We are long Nat Gas in anticipation of a 25-50% bounce over the next 2-6 weeks.
Everyone wanted nat gas at +$9 but no one wants it below $3.
Funny how markets work.
We are long Nat Gas in anticipation of a 25-50% bounce over the next 2-6 weeks.