The Nat Gas report for this morning will be out at 10:30. There has been a recent minor trend pullback and what is looking like a large base , but most importantly, since the pullback from Feb 23rd, UNG spent much of last week putting in positive signals which is what I like to see on a pullback and more recently this week, very strong timing (short term chart) signals which it has moved up from, a little too parabolic this morning for my taste, but up.
I'll be posting just after the report settles down (after the knee jerk), because right now, UNG is looking very interesting.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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