Position Updates & Gauges For Trading on 8/12/2016

Mish Schneider | August 12, 2016

***NOTE: Please watch today’s video for thoughts on the market, trades to watch and how we might adjust stops in existing positions end of the week. +++++++++++++++++++++++++++++++++++++++++ New Position: UNG: Long at 7.73 ATR: .29 Name of Instrument: United States Natural Gas Fd Current Price: 7.59 Reason for Trade: Second Probe as it tried to fail the 200 DMA and poked its head back above it. We scratched on the first attempt and are reentering

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