United States Natural Gas Fund LP discussion
UNG Time to buy and time to sell
UNG 19.48 to 19.52
UNG is about to bounce a bit until the 22thopen.substack.com/pub/dumitrupopovici/p/quick-bounce-in-ung-if-we-close-above?r=4gqcc&utm_medium=ios
UNG Price maybe showing signs of a bottom. Supply will be cut as the price of gas is outpacing the production costs. The reason you see them flames on the top of the rigs is the gas simply been burnt off. Also many coal plants being forced to close and a towards spring / summer there will be greater demand for electricity.
I expected a 100% rally to come on to play!
The question is will it be from these prices
UNG if we close under 18 today further decline if now we are going up at least for a bounce
UNG we start covering natgas via UNG. Any price sub 6, we will be net long. Any price below 6.5 can be considered to scale in. Seasonality wise natgas should be around the lows, peak happens end of September and mid october.
UNG Bullish Cross of 20 Day MA over 50 Day MA. MACD remains positive. Could be a good point to put on or add to existing position.
UNG uptrend broke down and it fell below the horizontal line. Still in a bottoming pattern. This is going to take months to resolve and move higher. 
UNG still in a uptrend, #naturalgas it needs to close above the horizontal line and then needs a bullish consolidate before it can move higher. 