IMHO, ng_f has more room to the downside b4 the big wave towards 3.
Comment:
Looks like we finally reached the trend line but i have doubts this line of support/ because
1. when volume and open interest are both increasing, it means the current price
trend will probably continue.
2. There is reverse split cumming soon
3. we have a start of roll over next Thursday to Feb. contracts that r lower (can
benefit ugaz with Backwardation though)
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1. when volume and open interest are both increasing, it means the current price
trend will probably continue.
2. There is reverse split cumming soon
3. we have a start of roll over next Thursday to Feb. contracts that r lower (can
benefit ugaz with Backwardation though)