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Natural GAS & UNG


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#1 viccarter

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Posted 12 March 2013 - 12:20 PM

Pulling back a little today, but like like this "tight" ascending channel on daily a lot. Lot of large specs still short on the weekly COT, and a break up could cause a lot of covering. In short expecting some fireworks soon, maybe by Thurs morning, and expecting them on the upside.


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#2 CCL

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Posted 12 March 2013 - 12:52 PM

agree completely. Makes sense as well; Natty is going to be very popular the next few years. Weekly chart - strong chart in a sector looking for leadership. Test of 19.7x? today or tomorrow?