Posted by racerick on 11th of Jan 2023 at 09:02 am
Picked up a little BOIL but mainly some UNG Jul21 12 calls
@2.40 yesterday. July historically strongest month for Natgas. Have
a nice horizontal trendline on NG weekly that comes in just below
3.50. After that next support closer to 2.50ish. Feel like we may
get at least a responsive bounce off the 3.50, which we have a
little overnite.
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Picked up a little BOIL
Posted by racerick on 11th of Jan 2023 at 09:02 am
Picked up a little BOIL but mainly some UNG Jul21 12 calls @2.40 yesterday. July historically strongest month for Natgas. Have a nice horizontal trendline on NG weekly that comes in just below 3.50. After that next support closer to 2.50ish. Feel like we may get at least a responsive bounce off the 3.50, which we have a little overnite.