Browse Stacks: Analytics: UNG.png

UNG.png

As usual I called a "short/sell" on natural gas a little early when it broke below $21.00 and then bounced back. But as Carl Swenlin from Stockcharts writes, "the short consolidation implies the eventual resolution will be downward as the decline from June continues." I expect a lower-high to be put in and a disappointing EIA report tomorrow.

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