One of the bigger disappointments in the spring and early-summer months has been natural gas.
The ETF had a textbook, aesthetically pleasing symmetrical triangle consideration after a stellar rally this winter only to bust down through it like an Olympic ice skate suddenly struck with a case of vertigo.
At any rate, if you are looking to bottom-fish natty here for a quick flip, a good rule of thumb is to understand you are dealing with damaged goods and should therefore keep a no-nonsense stop-loss below today’s low of $20.59 in order to avoid another leg lower.
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