natgas jumped out of the bear trap and closed on top of the falling broadening wedge. With this bullish engulfing candle, the MACD and RSI golden crosses are in place. That said, this is not a trend reversal yet, we still need a retracement to confirm support. $United States Natural Gas Fund LP(UNG)$ $Bloomberg Natural Gas Bull 2X ETF(BOIL)$ $Bloomberg Natural Gas Bear 2X ETF(KOLD)$
We clearly have a change of sentiment here on $Bloomberg Natural Gas Bull 2X ETF(BOIL)$ and the weekly RSI is super bullish
Call options on deck
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