NatGas
Tomorrow could be fun. NG futures up 5% this evening. Things could come crashing down hard in DGAZ as gravity takes hold of the parabolic ascent. You may recall I built a UGAZ position last week between $1.35-$1.50. Fingers crossed………….
I think stocks like CHK were giving us a clue last week. Gorgeous weekly hammer. CHK traded up nearly 9% Friday while the SM tanked. Plus Cramer told viewers to sell CHK last week, probably nailing yet another bottom 😉