Tickers: NG1!, UNG
Short term view: We are finding weak support at $4.90 level on NG, or $17.50 on UNG.
We are in overall BEAR BIAS MARKET (even with the short term uptrend in the larger equities and bond market) so we will retain the retracement from the SELLERS perspective.
We find a strong case to take profit at $5.20 (NG1!) or $18.15 (UNG)
There is a possibility if the market exuberance continues, we can consider a mid-term view of NG
MIDTERM VIEW:
SHORT TERM VIEW:
Short term view: We are finding weak support at $4.90 level on NG, or $17.50 on UNG.
We are in overall BEAR BIAS MARKET (even with the short term uptrend in the larger equities and bond market) so we will retain the retracement from the SELLERS perspective.
We find a strong case to take profit at $5.20 (NG1!) or $18.15 (UNG)
- TP1: $5.20 (NG1!) / $18.15 (UNG)
- TP2: $5.35 (NG1!) / $18.80 (UNG)
There is a possibility if the market exuberance continues, we can consider a mid-term view of NG
MIDTERM VIEW:
SHORT TERM VIEW:
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.