Contrarian trade with everyone screaming to buy Oil Energy and Gas right now.

Chart looks bearish to me and smells like distribution.

Natural Gas ripped yesterday and I took EQT profits and added to XOP JUN puts.


$136 first target

Bearish PatternsoilandgasOscillatorsshortshortideaSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) StocksSupport and ResistancetradeideaTriangleXOP

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