IMHO, ng_f has more room to the downside b4 the big wave towards 3.
Note
Looks like we finally reached the trend line but i have doubts this line of support/ because 1. when volume and open interest are both increasing, it means the current price
trend will probably continue.
2. There is reverse split cumming soon
3. we have a start of roll over next Thursday to Feb. contracts that r lower (can
benefit ugaz with Backwardation though)
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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.