DanjaZown

Natural Gas: Possible baby-bull flag inside a larger bear flag

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AMEX:UNG   UNITED STATES NATURAL GAS FUND LP
I'm very bullish on Natural Gas over the long-term. We have had a confirmed breakout bullishly from a descending triangle going back years, but now that we have had our early nascent move it might be time to pull back a bit. Of course all is invalidated if it breaks through the overhead support, but for now I'm seeing a small move up with a subsequent larger move down.

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