Position Updates & Gauges For Trading on 9/15/2016

Mish Schneider | September 15, 2016

Existing Position: UNG: Long at 7.73 ATR: .29 Name of Instrument: United States Natural Gas Fd Current Price: 8.51 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 at a lower price with a lower stop. Our profit target is near January 2016 highs and assumes this is a setup where UNG clears the 50

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