Tuesday, December 17, 2019

Cold weather ahead, but UNG upside limited

Very recent articles have been written about an incoming cold spell driving up NG.  But I don't see much upside with a lot of supply near 19 and above on UNG.  Also, my machine learning algo has not called a reversal yet, and it is surprisingly sensitive to them, so I'd continue to short-sell rallies like this one for lower prices this Winter...

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