Wednesday, February 20, 2013

UNG Nat Gas report

I don't know if anyone wants to play it, but you know for the last 3-4 weeks there has been a negative divergence the day before in UNG and on the day of the EIA (Tomorrow) UNG is down.

Those short term negatives are there...
 UNG 1 min intraday

 2 min

5 min

I'd say it will fill the gap, I'd rather buy in to the move down, but if you want a spec. play, maybe a little leverage for a quick downside play.

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