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Why did natural gas jump 7.5% while natural gas stocks crashed?

NowPress play to follow along0:00 / 1:29
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ticker lesson

Breakdown

0:00Natural gas· ticker

Natural gas up 7.5% week — bull hammer closes above 200dma

  • Natural gas up 7.5% week
  • Bull hammer closes above 200dma
  • Nice move up
  • Likely to hit bottom of trend line
0:30FCG· ticker

FCG down 14.5% week — 618 retracement and 200dma setup

  • FCG down 14.5% week
  • 618 retracement on rising 200dma
  • Perfect double top
  • Price action around level
1:15lesson

Profit-taking at key levels

  • Take profits at light blue line
  • Logical place to take profits
  • Price action around level
  • Election impact on FCG

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