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Natural gas opportunity coming up?

December 2, 2019

 

There’s an interesting development happening with this commodity - the US energy administration on Wednesday reported numbers that indicate that current inventories are below the 5 year average, with inventories at a 1 year low - all in front of what appears to be a series of winter storms - it’s definitely something to keep in mind as there could be an opportunity to go long UGAZ (or short DGAZ). 

 

Caution is needed, as this is the UGLY chart from 2015

 

 

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