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Elliott Wave Technical Analysis: Natural Gas - Monday, May 13
Article By:
Peter Mathers
Sunday, May 12, 2024 11:00 PM EDT
Natural Gas has embarked on a robust rally, surging nearly 45% since April 25, 2024, perpetuating the overarching bullish correction that commenced in January of the same year.
In this article: UNG
Oil Prices Are Rising Amid Rumors Of Increased Production By OEPC Countries
Article By:
JustMarkets
Wednesday, May 8, 2024 8:44 AM EDT
European Indices also grow amid "dovish" position of the ECB. The US stock indices traded mixed on Tuesday. The Dow Jones Index (US30) rose by 0.08%, while the S&P 500 Index (US500) gained 0.13%.
Natural Gas Rallies Again, Though Pulls Back From Resistance
Having learned the hard way in the past that UNG is a tough way to play natural gas, I bought $SWN this time, which has worked out much better. For those who don't trade futures, you have to be careful with instruments like $UNG and $UGAZ.