Rising Natgas & “Russian Coup” Nick Santiago 6-26-23 #505

Source:
https://www.spreaker.com/user/appeal2/nick-505

1.The Russian coup is dominating the headlines right now. That could put a bid under the energy markets and that is the case right now.

2. This is the final trading week before the July 4th holiday. It is usually a light volume trading week that is often buoyant.

3. Natgas is a buy and Nick is in it. $5.50 to $6. UNG

4. Gold is upticking today, but it closed below the important 1940 support level. gold is now in a down trend so traders should be cautious short term. geopolitical events can always change things. Silver is having a great day, technical bounce off the 200 day mv.

5. Bitcoin is pulling back today after surging higher last week. The daily chart pattern suggests a little more upside for a top is in place.