November 13, 2012 at 14:38 PM EST
Pedal to the Metal on Tuesday as Natural Gas Squeezes Shorts
The following are the latest daily summaries of my ongoing intraday coverage providing context to interpret price action. Any prices listed are for a contract's current "front month." Their direction tends to correlate with any ETFs listed for each. Today’s Highlight: While Veterans' Day’s inhibition prevented trending Monday releasing that pent-up pressure Tuesday seemed to push prices too far too quickly. Energies are giving the clearest signals of trying to trend but even they seem confused with crude oil trying to trend downward and natural gas trying to trend upward. Dollar Basket Dec Contract DX; (NYSEARCA:UUP) (NYSEARCA:UDN) Veterans' Day ...
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