Even though CBRL did come off of its support as I predicted, I would now look to sell the stock now around 34.65 for a quick gain of 2 dollars. The changing market sentiment has made it so that you must lock in gains on most long positions now.
One long position that you could take however is UNG. This is the ETF that tracks the price of natural gas much like the ETF with ticker USO tracks the price of oil.
As you can see from the chart, UNG has steadily declined since it became a trading vehicle. However, it is now near a support level that I think you can buy it at. What also makes UNG attractive right now is that it is largely uncorrelated with the stock market. So it makes a good addition to a portfolio that's burdened with exposure to the now waning equity market.
I would look to buy UNG right around 34ish or wherever it finds support down here and stop out below 32.75.
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