- the blue and red lines are below 0
- the purple line reached a high just above 0 and will probably come back down (and the price along with it)
- the purple line is in a down-trending channel (see )
- the red line in the lower pane just crossed below 0 as well
- the green area there is trending down
Conclusion: Sell UNG , I expect it to fall in this coming week! You can get my signals for free (usually before the close of US market) in my Telegram channel (see my profile for the link).
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- The analysis is based on some proprietary indicators I wrote.
DISCLAIMER: Security trading involves substantial risk of loss. My analysis is not trading advice. Do your own research first and/or consult a financial advisor. I'm not responsible for any losses you may incur following my analysis.