Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

Natural Gas: Break Out Move Next?
By Satendra SinghCommodities21 hours ago (Apr 27, 2020 05:58PM ET)
10

Satendra Singh Satendra Singh
Articles (1343)
My Homepage
Follow
On analysis of the movements of Natural Gas futures since opening on the first trading session of the last week of April, 2020, I find that finally, the Bears Trap has sprung yesterday after a long time.

I find that the gap-up opening of Natural Gas futures looks evident enough for a breakout move; which may likely continue up to $2.153 during this week. And, a sustainable move above this level may result in a short-covering rally up to $2.688.

https://www.investing.com/analysis/natural-gas-bears-trap-may-see-blast-before-april-ends-200522773