Too many companies spent too much due to NG demand. However, cracks have appeared in price of the NG futures.
Example: the Freeport LNG explosion happened right as the Weekly chart for NG had topped and was making an Outside Bar down. Post explosion, we went up for a few more weeks before heading down again
Too many companies spent too much due to NG demand. However, cracks have appeared in price of the NG futures.
Example: the Freeport LNG explosion happened right as the Weekly chart for NG had topped and was making an Outside Bar down. Post explosion, we went up for a few more weeks before heading down again