Natural gas on Friday closed near the lows of the session but hitting extreme support.
Over the weekend news hit the tape about colder weather reports and increased snow.
This has sent Nat gas roaring up over double digits.
In our group we swung UNG 10.50 calls which should be up over 1000%
There is a strong thesis that this week the shorts will be caught off guard and forced to cover which could add more fuel to the fire.
The inventory report on Thursday will be interesting to see and price may stay firm into the report.
Over the weekend news hit the tape about colder weather reports and increased snow.
This has sent Nat gas roaring up over double digits.
In our group we swung UNG 10.50 calls which should be up over 1000%
There is a strong thesis that this week the shorts will be caught off guard and forced to cover which could add more fuel to the fire.
The inventory report on Thursday will be interesting to see and price may stay firm into the report.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.