Wednesday, December 19, 2012

United States Natural Gas Fund, LP Flashing Warning For Natural Gas(UNG)

You won't find very many posts on UNG in our little part of the www.
It is a loathsome creature and anyway futures will settle the "Moron or Genius?" question much more frequently, sometimes on an hourly basis.

Today however it is pointed out that the ETF may have double topped, something you really have to squint to see on the futures chart.

UNG at $19.03, down 1.40% after trading down to $18.73. Front futures down 7 cents (2.05%) at $3.35.

From Kimble Charting Solutions: