HERE'S WHAT THE CHARTS ARE SAYING ABOUT NATURAL GAS

The lower-than-expected build in Natural gas inventories (28 bcf vs. expected 37 bcf) in the Weekly Natural Gas Storage Report released Thursday, August 10, goosed the price of the nat gas futures.Our technical work anticipated the move, and we still see continued upside for the futures as well as for the VelocityShares 3x Long Natural Gas ETN (UGAZ).The positive juxtaposition of our nearer-term momentum gauges with the sideways price action on t...

BusinessInsider (Date:08/14/2017 04:48) Read full article >>

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