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Jan 23, 2024 10:17 PM

Natural Gas Bulls are alive / Oil looks ready to go! 

Exxon Mobil CorporationNYSE

Description

Nat gas saw a beautiful bullish reversal candle today.

this likely will yield more upside in the short term.


Even with this reversal, I believe Nat gas still goes lower after we complete this bounce.

Oil stocks showing strength as oil appears to be putting in a bottoming formation.

If oil breaks out, this will be a natural headwind for the market and tailwind for inflation.
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