United States Natural Gas Fund LPUnited States Natural Gas Fund LPUnited States Natural Gas Fund LP

United States Natural Gas Fund LP

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UNG if we close above last week low this may spike




UNG
Time to buy and time to sell
Snapshot



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

GDX by far the most frustrating ETF on earth. Worse than UNG and that’s hard