Natural Gas Set for a Small Fall (UNG)
Sorry guys I haven't written in a while (Royal College specialist exams and whatnot) but natural gas is putting in a beautiful ascending wedge. To take full advantage I would short now with a stop at the upper overhead resistance. With regards to the bigger picture this is a higher low so I actually expect the trend to continue up shortly thereafter, but in a weighted ETF or something I figure its worth 5 or 6%.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.