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If this gap doesn't fill in the next couple of days, the shorts may get a squeeze you read about in textbooks. I can see destruction and ruin on the horizon for those who are short with too much leverage. This may sound cruel, but that is the way it goes in this business. The zero sum game of open interest in futures is reality. The clock is ticking...
(Click on chart to expand)
My last post on Natural Gas approaching the neckline prior to the breakout can be found here: http://scottpluschau.blogspot.com/2012/06/natural-gas-approaching-neckline-of.html
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