$UNG down 1.8% on the day but the real move is a 5% drop from the gap-up high. Orange trendline holding as clean resistance, price pulling back hard.
$3.08 is the support level. Could be an aggressive long entry there and I'm watching it. More likely I wait for a deeper dip and risk missing the bounce altogether.
Upside: orange line still caps. No trade above that until it breaks.
$3.08 is the support level. Could be an aggressive long entry there and I'm watching it. More likely I wait for a deeper dip and risk missing the bounce altogether.
Upside: orange line still caps. No trade above that until it breaks.