TradersForecast
Short

UNG Analysis based on my proprietary indicators

AMEX:UNG   UNITED STATES NATURAL GAS FUND LP
Indicators look bearish:
  • the blue and red lines are below 0
  • the purple line reached 0, about the previous high and I expect it to go back down along with the price.
  • The red line in the lower pane is 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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Note:
  • 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.


Comment: I plan to open a position tomorrow at opening.
Comment: Now at end of week it's 11.32 (from 11.64, price shown on chart). I'm keeping my position opened as I expect to fall more.
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