You buy UGAZ, you watch the volume trend NG. This cycle is not completed and has many green candles. Rem DGAZ at low 8 ish? We trend volume 24/6, do not ask how, but this post is to inform new traders every dip in NG_F the buys pile in. Upon the plug being pulled, the cycle will be a nutso swing. Hope you all are making gains and enjoying the winter gift.
Keep dreaming on 6 ish... Phase 1 weather is turning the cycle, harsh dip sooner or later. Do not be the puppet on profit taking. Each day you must trend the volume, not the price. Two bullish run outs, one energy sector and second our market. Money has been shared in other places to drive this beast to 4.4. Even dole I am strong bull, enjoying my ride, the weather is slowly changing to the warm upper cycle.
Liza, Freeport was built on an island in Texas for imports, instead they export, the government came them approval to export, its been built long time ago but for importing, they reversed it, but still not big enough to export a lot, they are connected with a salt cavern that holds NG, heres the news you may have forgotten, WASHINGTON – The Energy Department announced today that it has conditionally authorized Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export additional volumes of domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal in Quintana Island, Texas. Freeport previously received approval to export 1.4 billion cubic feet of natural gas a day (Bcf/d) of LNG from this facility to non-FTA countries on May 17, 2013. Also I believe the Expansion to go larger is still on hold.