DUG Trade Worth a Shot Here (long)

Frst here's DUG's inverse counterpart, DJUSEN, the Dow Gas and Oil Index.

 60 min negative divergence

 30 min negative divergence

 15 min negative divergence

 10 min negative divergence

 5 min negative divergence

 1 min negative divergence

 Here's DUG, the inverse or short ETF of DJUSEN. 30 min positive divergence

 15 min positive divergence

 10 min positive divergence

1 min positive divergence

That's pretty good confirmation. I don't see anything wrong with trying out a trade in the area, so long as you have a reasonable stop and don't swing for the fences.