Hedge funds are net short on natural gas as retail traders are net long.
News of Trump attacking Iran is what is causing natural gas to go up for now.
However, it will likely be a sell the news event, very soon. Natural gas bulls
will likely get stopped out or lose their accounts.
Likely move is natural gas will hit 3.4 as a top, and then crash down to 2.3 support
News of Trump attacking Iran is what is causing natural gas to go up for now.
However, it will likely be a sell the news event, very soon. Natural gas bulls
will likely get stopped out or lose their accounts.
Likely move is natural gas will hit 3.4 as a top, and then crash down to 2.3 support
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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.
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.