Nat GAs technicals were defended at a key area especially when you observe the UNG chart.
Today Nat Gas resource stocks were some of the strongest stocks despite the market being weak.
Many resource chart patterns are looking very juicy and bullish.
They could be indicating a robust continuation move on Nat Gas into year end.
My only caution is the weak inventory reports we have been getting for the last 2 weeks.
I would like price to dip on Thursdays report to lessen the risk on the long side.
Today Nat Gas resource stocks were some of the strongest stocks despite the market being weak.
Many resource chart patterns are looking very juicy and bullish.
They could be indicating a robust continuation move on Nat Gas into year end.
My only caution is the weak inventory reports we have been getting for the last 2 weeks.
I would like price to dip on Thursdays report to lessen the risk on the long side.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.