$UNG: Next leg up in Nat Gas prices

I think we may see a rapid advance in Nat Gas here, the technical setup in $UNG paves the way for a 18.4:1 reward to risk potential trade. I'm long equity here, but you could trade this with options, or an equivalent fund in the EU or UK (if you're EU based). Futures or options on futures are also an option, but more complicated to execute with maximum efficiency. I suggest you explore this if you're more experienced, and able to determine which strategy to use to maximize RR and performance vs capital allocated to this idea.

Best of luck,

Ivan Labrie.

Comment:

Trade active:

It's on!
The railway worker strike might be a nice help.

Trade closed: stop reached: