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Natural Gas Update

Natural Gas Update

Natural Gas($UNG) is taking a beating.  With today’s 13% loss the index is now down 42% for the June peak.  This steep decline has driven UNG back down to its 200D moving average.  This is the first test of the 200D since the mid-March 50/200D bull cross.  Also...
Metals in Retreat

Metals in Retreat

Will the steep drop in metals drag down the rest of the commodities?   Energy has remained very strong by comparison.  Hat tip Topdown Charts @topdowncharts
Energy Rules

Energy Rules

The energy sector struggled through the 2010’s with a 3.3% per year gain.  The Nasdaq 100 during this time frame: +18% per year.  Quite a swing of performance beginning in early 2021.   Hat tip Ben Carlson/@awealthofcs