https://rightsideofthechart.com/ng-ung-nat-gas-trade-update/ Stock Trading, Investing & Market Analysis Mon, 12 Jun 2023 19:06:39 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/ng-ung-nat-gas-trade-update/#comment-25853 Fri, 06 Jan 2023 20:14:42 +0000 https://rightsideofthechart.com/?p=210164#comment-25853 what would one do if they entered into a $boil trade for natgas . i should have known better than deal with leveraged etfs, but nonetheless. Im in and at a current lose. Is it worth potentially waiting for natgas, or is this just a losing trade. Asking what one would do.

]]> https://rightsideofthechart.com/ng-ung-nat-gas-trade-update/#comment-25844 Fri, 06 Jan 2023 15:31:15 +0000 https://rightsideofthechart.com/?p=210164#comment-25844 A pop above QQQ 264.63 could be the catalyst to sent the Q’s back up to the top of the trading range & if so, the odds for a breakout above it would be fairly high. First things first & that would be to see an end to the selling the market-leading techs, particularly AMZN, GOOGL, MSFT, & TSLA, with the buyers coming into most or all of those names as they seem to be single-handedly weighting down the entire stock market. If not, a solid break below today’s lows not so bueno.Still leaning towards the former but very much open to the latter & will reaction accordingly to either scenario. 5m QQQ chart:

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