Thursday Outlook: Commodities, Global Markets [View article]
Macro_Max:
Ditto on the SLV request. A few weeks ago, the Oil/Gas ratio hit some record highs. I thought that gas had to rise or that oil had to come down. Turns out the latter came to fruition, and UNG is hitting a new round of lows.
Question is, will gold (and GLD) come down, or is silver (SLV) due for a bounce?
Wednesday Outlook: Commodities, Global Markets [View article]
Doubleshortetf:
Thanks for the info, and good luck with your trade. You got in at a really good price if the supports hold. Given the manufactuing activity in the USA right now, UNG could move sideways for awhile.
Wednesday Outlook: Commodities, Global Markets [View article]
David:
Thanks for the UNG chart with comments, and also the post last time that one commentor included the Barron's article relating to the oil/gas ratio being at historical highs. Looking at the volume spikes for UNG, and as you alluded to, it appears that lots of folks are putting shares away for a rainy day. Anyone want to speculate what it will take to pin-prick this ratio bubble? Oil going down? Natural gas going up? Or ... Obama, are you listening?
Friday Outlook: Commodities, Global Markets [View article]
Sorry for the last post; WTIC was covered for the breakout in light sweet crude. But, question stil stands regarding UNG. Have we bottomed with natural gas?
Friday Outlook: Commodities, Global Markets [View article]
David: I'm surprised you didn't cover oil and gas in the charts today. USO has had a breakout to the upside from its trading range, and UNG is looking like it wants to follow, although it's retrenching from its big gain yesterday.
Thursday Outlook: Commodities, Global Markets [View article]
With the first gap filled on EWZ, is it too optimistic to think that the second gap of 55-56 is next? I'm looking at the MACD, and it looks like it has room to run.
Thursday Outlook: Commodities, Global Markets [View article]
Ditto on the SLV request. A few weeks ago, the Oil/Gas ratio hit some record highs. I thought that gas had to rise or that oil had to come down. Turns out the latter came to fruition, and UNG is hitting a new round of lows.
Question is, will gold (and GLD) come down, or is silver (SLV) due for a bounce?
Artistes
Wednesday Outlook: Commodities, Global Markets [View article]
Thanks for the info, and good luck with your trade. You got in at a really good price if the supports hold. Given the manufactuing activity in the USA right now, UNG could move sideways for awhile.
Artistes
Wednesday Outlook: Commodities, Global Markets [View article]
Thanks for the UNG chart with comments, and also the post last time that one commentor included the Barron's article relating to the oil/gas ratio being at historical highs. Looking at the volume spikes for UNG, and as you alluded to, it appears that lots of folks are putting shares away for a rainy day. Anyone want to speculate what it will take to pin-prick this ratio bubble? Oil going down? Natural gas going up? Or ... Obama, are you listening?
Artistes
Tuesday Outlook: Commodities, Global Markets [View article]
Curious ... at what price of UNG do you have the 200 day moving average? My 90 day moving average is at 16.15.
IMHO, UNG is about to make a double bottom thereby propelling this EST to $20 on a near term basis. Could be wrong, but look at the volume statistics.
Friday Outlook: Commodities, Global Markets [View article]
Friday Outlook: Commodities, Global Markets [View article]
Any thoughts on whether UNG will follow USO up?
Thursday Outlook: Commodities, Global Markets [View article]