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TFC Commodity Trading Forum

Re: July Nat Gas/Still Trending Higher/S.Bear

Lee,
I am somewhat befuddled by crude. One of my buddies has a trading target bewteen 87 - 93 over the next few weeks perhaps into summer. But, trades chart is at a critical point here.
All depends on the USD - economy - the usual suspects. I prefer natgas that isn't influenced by these events, and is rising on a tradeable trend.
I suspect that crude may be bottoming here - but, paying attention to Trades chart is the better strategy here.