Comments on: Awaiting Next Buy Signal In UNG, Natural Gas https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:19:52 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1453 Mon, 02 May 2016 13:58:45 +0000 http://rightsideofthechart.com/?p=170917#comment-1453 In reply to jacant.

@jacant – Yes, I’ve been watching UNG closely but I just don’t have a very good read or take on the near-term direction although I’m still longer-term bullish. As such, I’m on the sidelines with nat gas right now, leaning towards some downside in the coming weeks if the broad markets & energy sector (including crude oil) come under some selling pressure. Here’s my daily chart with some support levels (yellow minor uptrend line/bottom of channel OR the 6.35 horizontal support level/primary downtrend line backtest):

]]> By: jacant https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1452 Mon, 02 May 2016 06:45:08 +0000 http://rightsideofthechart.com/?p=170917#comment-1452 Hi Randy, I watched UNG drop 4 days in a row last week before it slowed down. I traded UGAZ Thursday and watched the shorts get a nice SQUEEZE Friday before cashing out. I’m watching it this week and wondering if you had looked at it lately. Thanks for all the market updates!

]]> By: pangblood https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1368 Wed, 20 Apr 2016 16:22:12 +0000 http://rightsideofthechart.com/?p=170917#comment-1368 Trade on?

]]> By: pangblood https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1351 Tue, 19 Apr 2016 18:10:59 +0000 http://rightsideofthechart.com/?p=170917#comment-1351 Randy, Natural gas had a rip up today and approaching your dotted horizontal breakout line, just wanted to alert you and perhaps hear your thoughts, I’m ready to pull the trigger

]]> By: Double R https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1333 Sat, 16 Apr 2016 01:39:50 +0000 http://rightsideofthechart.com/?p=170917#comment-1333 Great work on the charts. I hope the orange scenario plays out and we make a double bottom. Thanks for the updates.

]]> By: ben711 https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1330 Fri, 15 Apr 2016 17:07:35 +0000 http://rightsideofthechart.com/?p=170917#comment-1330 Sniper,
So far GDX plays as expected https://www.tradingview.com/x/NF8z0xdE/
GLD looks good too https://www.tradingview.com/x/W4zNGm0D/

]]> By: dan123 https://rightsideofthechart.com/awaiting-next-buy-signal-in-ung-natural-gas/#comment-1329 Fri, 15 Apr 2016 15:56:24 +0000 http://rightsideofthechart.com/?p=170917#comment-1329 Since we had a false breakout on Apr 4th there is a high probability that we will break down. Great chart Randy, thanks

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