Natural Gas Heats Up |
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The U.S. Nat Gas Fund ETF (UNG) was up for most of the session Friday, closing flat, while the U.S. Oil Fund ETF (USO) closed down more than three-quarters of a percent. My pattern work is warning me that crude oil prices are peaking, but that natural gas prices are bottoming. Could that actually happen? I have been in this business long enough not to doubt what I think the charts are telling me. With that in mind, let's have a look at the pattern that continues to develop in the UNG. The UNG Read More...
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