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UNL - Natural Gas Prices Are Coiling With A Big Move Coming Soon
United States 12 Month Natural Gas Fund
Welcome to the coil edition of Natural Gas Daily!
Housekeeping item first.
For the week of 7/24, we have a storage build of 20 Bcf.
Natural gas prices have managed to stay in a very tight but low price band for most of this summer, but the price action suggests there's a big move in the making.
Technically speaking, there's no bullish or bearish bias associated with this set up. If it breaks above the symmetrical triangle, it signals a much bigger move is