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Crude Oil Trader > Intel > UNG For Natural Gas

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UNG For Natural Gas

By Ray Parrish of Crude Oil Trader

Traders are getting a special treat this year. While crude oil is argued about all day long on the ABC channel's as to weather it has topped out or not, little old natural gas has bottomed out. This is a swing trade that even the part time home gamer can handle.

Today [Monday June 15th] we did get a bit of a rally in natural gas, even with the market indexes plummeting, so we'll let it pull back and gives us another entry point but you have not missed this trade.

Most traders use the most "liquid" ETF for nat gas, UNG.

For more info including daily support, resistance and pivot numbers, visit our website at http://crudeoiltrader.blogspot.com

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Contributed by Crude Oil Trader on June 19, 2009, at 7:56 PM UTC.

PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
Crude Oil Trader
Crude Oil Industry And Tradings News
crudeoiltrader.blogspot.com

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