I'm gearing up for the next cycle.I wouldn't be surprised to see a deeper flush. Be careful with leveraged ETF's even though they appear cheap. We don't know how low this can go..take a look at what happened to oil etf's as oil went to zero and below. what strange times we live in.
Note
I've been very patient with natgas. I kept some short exposure and I'll add that back on the long side. I'm adding a little in UNG calls, 2022 but not much. It looks like UGAZ is being delisted so traders will not have that 3x exposure. I'll be considering other options similar to UNG calls. I'm still being careful with UNG because it could reverse split or break.. Be smart and don't leverage what you cannot afford. I think we're close! Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.