$UGAZ most have no idea that Ugaz can comfortably kiss 6 handle IF NG goes to 2.10 (which it seems like it because lot of meats already trapped). And depending on how many gamblers would double down at that time, MMs (here it’s CS) can drop NG further down to 1.70 area where UGAZ can kill $3 handle. Bull case : it can start reversing from now and goes to 3.70 area - I’m not expecting this move just yet though. And both of these scenarios can happen before 12/21. GL bulls and bears. Play safe and have a happy thanksgiving!!!
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