Monday, September 16, 2019

Chart Signal: Natural Gas $UNG Tops Out

As oil spiked higher on the disruption of Saudi oil, natural gas also got a sympathy spike. The major difference, natural gas tagged the daily 200 moving average and is currently putting in a bearish topping tail. This signals a near-term pull back in natural gas. Swing traders should look for a decline of at least 10% in the coming week or two.



Gareth Soloway
InTheMoneyStocks