Long Heating Oil ETF (UHN) / Short Gasoline ETF (UGA)
Long/Short Trade Suggestion...
Based on Heating Oil showing strong support at current price.
Limited downside below $32
Hedged by short Gasoline position.
Limited upside resistance at $62
Medium term trade 3 months into mid September.
Long/Short Trade Suggestion...
Based on Heating Oil showing strong support at current price.
Limited downside below $32
Hedged by short Gasoline position.
Limited upside resistance at $62
Medium term trade 3 months into mid September.