Natural Gas inventories came in better than expected and the commodity still sold off.
Price action did fill a major downside gap today but the reaction was fairly muted which means were probably going lower.
The weird disconnect in Nat gas vs resource stocks is intriguing.... Resource stocks have held up when Nat Gas has sold off.
Something is going to give one way or another.
A very big long level is approaching, and it could be an epic trade.
Price action did fill a major downside gap today but the reaction was fairly muted which means were probably going lower.
The weird disconnect in Nat gas vs resource stocks is intriguing.... Resource stocks have held up when Nat Gas has sold off.
Something is going to give one way or another.
A very big long level is approaching, and it could be an epic trade.
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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.