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Re: budmgd post# 20468

Thursday, 01/18/2018 2:54:33 PM

Thursday, January 18, 2018 2:54:33 PM

Post# of 25303
Indeed...Got to respect those rising wedges as pretty good indicators of bullish moves ahead...NUGT formed a very nice three day ascending triangle about a week ago and I caught a part of that move and here today UGAZ and NG formed some very nice intra day ascending wedges. Fundamentally, I like the bull side of the NG trade as well. At the EIA website that storage curve looks pretty bullish and technically, the last few weeks on the NG chart look fairly bullish to me as well...We shall see what the near term brings...GLTY
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