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	<title>
	Comments on: Natural Gas UGAZ Update	</title>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/natural-gas-ugaz-update/#comment-3984</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 28 Dec 2017 14:28:28 +0000</pubDate>
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					<description><![CDATA[/NG (natural gas futures) did go on to take out the 2.78 level this morning in early trading &#038; is currently trading at resistance (2.87 on the Feb contracts, 2.83 on the March contracts) where a pullback is likely.

As such, UGAZ will gap up at the open today with that gap likely faded (i.e. - a quick shorting opp on UGAZ at the open today to fade the gap).

&lt;!-- copy and paste. Modify height and width if desired. --&gt; &lt;a href=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/da93c967-cc57-4c36-aa83-e002594d8e54/NG%2060-min%20Dec%2028th.png&quot; rel=&quot;nofollow&quot;&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/da93c967-cc57-4c36-aa83-e002594d8e54/NG%2060-min%20Dec%2028th.png&quot; width=&quot;1067&quot; height=&quot;821&quot; /&gt;&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p>/NG (natural gas futures) did go on to take out the 2.78 level this morning in early trading &amp; is currently trading at resistance (2.87 on the Feb contracts, 2.83 on the March contracts) where a pullback is likely.</p>
<p>As such, UGAZ will gap up at the open today with that gap likely faded (i.e. &#8211; a quick shorting opp on UGAZ at the open today to fade the gap).</p>
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