ETF CORNER

UNG/GAZ : Why ?

What happend in UNG since early February ? Why is it lagging vs GAZ ? Can someone enlighten me in the comments section.

Natural Gas seems to have made a long term bottom !

UNG : Expecting a breakout on the report tomorrow.

I was glancing at the UNG chart earlier on. It seems that UNG is not very far from breaking out from the falling wedge i've drawn in purple ! I believe that the EIA report on Natural Gas tomorrow at 10:15 could be the catalyst for a breakout that could enable UNG to rocket much higher. I suggest buying UNG in anticipation of tomorrow's report.

 

GAZ : Natural Gas .....

UNG : Next likely target !