Is Natural Gas Topping?

Last night, NG future jumped 5% higher. But at the end of the day, it lost 11%. Such big swing usually indicates weakness. Another indicator is that DQ is particularly bullish about it. Some says it is going to $8. Well, US energy companies continue to produce NG at impressive pace. Once the cold weather moves on, excessive NG will continue to come. At this point, bulls need to be very cautious. However, 3X inverse ETF decays fast. So once a drop at hand, trade on DGAZ should be closed as quick as possible. But if you can trade future, I would suggest to not bet on long side.大千的熱門貨, 善終的不多.