alifx01

UNG in small tf view wedge about to B.O. up

Long
AMEX:UNG   UNITED STATES NATURAL GAS FUND LP
keeping orders long here

Comments

I was doing similar EW analysis :) once we break out of the downward channel we should have "smooth sailing".
I am a bit weary of timing, both oil and gas will be subject to downward pressure in August as the stock market (and pretty much everything) corrects into election.
We'll have to wait and see what happens on the break out attempt.
Great time to keep on accumulating 2022 calls.
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