'The Turn' Is Near For Natural Gas Pricing, Buy UGAZ

Summary

• UGAZ is about to bottom on Thursday despite a few poor inventories to follow.
• I lay the factors that will help lead natural gas pricing higher.
• Although plenty of volatility will follow, get long UGAZ and ride the longer term trend higher.

"The Turn" for natural gas pricing, as I like to call it, should be taking place beginning with capitulation trading on next Thursday's natural gas inventory report which should be a bloodbath for natural gas longs, of which I am as of a few days ago.

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