Natural Gas: Ready for a new uptrend

After a correction of -45%, the uptrend resumes in the weekly support level. We bought it at $2 and we've been adding more positions ever since. The energy crisis in Europe is increasing as countries are moving to renewable energies. Germany and Belgium are closing nuclear reactors so we expect issues in terms of demand and supply, and the increasing inflation as well, that is moving the prices higher in commodities.

Kommentera:

Added more long volume at 3.83