I've got a long Idea for the Henry Hub Natural Gas ETF, UNG.
After rising in late-2024/early-2025, UNG fell again (Mar-Jun), but recently (significantly) crossed above the trendline from that down move.
Time to look for a long position. But UNG is volatile - to reduce risk it's best to pick it up after a minor pullback. That seems to be happening now.
One...
I was just proposing yesterday staying neutral in SPY (the S&P 500 ETF). The FOMC meeting today (Jun 18th) was a big-nothing burger (so far), which supports my (non)position, but we'll see. I will update that post when the time is right (ATH, 200dma, or bust).
Today, though, the IWM (the Russell 2000 Small Cap Index ETF) and, surprisingly, a potential short...
Why the handle of "The Uncertain Trader"? Let's check the daily SPY (S&P 500 ETF) chart just after the close of 17 Jun 2025;
I've got no idea where this thing is going.
Thus the handle.
No one has any idea where this is going. If they insist they do they are selling you something. In the words of Brad Hamilton, "Learn it. Know it. Live it".
However, one...
