Bought 5% UNG @ $12.60 Stop @ $11.82 Target @ $16.78 The divergence between US and European Natural gas is widening. We think it has reached a point where it can’t be ignored by arbitrage traders who buy US Natgas and Sell Euro Natgas. UNG tracks the price of US natgas, so it would benefit from a rally in US natural gas futures. An additional factor in the European price is the building conflict between … read more Trade Alert
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