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Commodity Natural Gas Closing In On Buy Level

The commodity natural gas is nearing a major support level. Currently at $2.14, natural gas is just pennies away from support. The $2.05 level is big, a double bottom support from August 2019. This is where buyers can step up for a technical bounce. Look for a 10-15% jump off this level in the near-term. I will be looking to buy $UNG calls and $UGAZ shares.

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