Natural Gas At Key Support For Quick Chart Bounce
The commodity Natural Gas is holding a major support between $2.15 and $2.20. On a technical basis, this level can be bought as long as that level holds. Look for a short-lived spike higher into early January 2020. ETF’s in play are UNG and UGAZ.
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I suspect natural gas will fall towards 2.15.
I agree. We May have a quick bounce after it falls towards 2.15. There is not one bullish sign right now.