If break to the upside from here, our power bills will go up vertical. 
UNG
Commercials may still squeeze the funds, although they sold some 20K contracts since August.
September and October are the most powerful seasonal months.
Descending triangle Price Objective is roughly at 7.5 area
Don't short it because is overextended without a confirmed PA reversal signal.
UNGCommercials may still squeeze the funds, although they sold some 20K contracts since August.
September and October are the most powerful seasonal months.
Descending triangle Price Objective is roughly at 7.5 area
Don't short it because is overextended without a confirmed PA reversal signal.
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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.
Related publications
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.