Natural Gas back at Covid lows! Long

Natural GasCapital.com

Description

⋅ Feb 19, 2024 9:38 PM

The widow maker continues to bleed lower and squeeze longs.

This is the exact opposite of a short squeeze. We're going through a long squeeze.

This commodity is at extreme low levels. Covid low levels when the GDP was contracting.

I believe an epic bounce will arise, but this has a history of extreme price action.

Natural Gas resource stocks are making bullish reversals, usually a good sign of a near bottom.

Comments

TORNADOF5

⋅ Feb 19, 2024 9:42 PM

hey , can you make about ura etf please
thanks

Trading-Capital

⋅ Feb 22, 2024 3:20 AM

@TORNADOF5, I will post one soon.

Sybren1982

⋅ Feb 20, 2024 4:42 PM

Thanks for the review. Last couple of days demonstrate decent buying pressure with more volume on bull than bear bars, and more sideways movement. Bears are getting overstretched by now, bulls have been able to make a couple of scalps already (buying previous lows, scaling in lower). Bounce should be incoming soon