looks like UNG could fall to the lower part of a bull wedge
pattern, the lower trendline comes in around 37.25.
That's how this market goes, Steve and I have been saying, when
you come off a bottom, it's always choppy and things are subject to
false starts. That's why when playing bottoming patterns, I
always take some off the table on an initial move.
yep...it sucks, also in it
UNG
Posted by robbie on 14th of Aug 2008 at 10:52 am
yep...it sucks, also in it
UNG 60 min chart.png looks like UNG
Posted by matt on 14th of Aug 2008 at 11:09 am
looks like UNG could fall to the lower part of a bull wedge pattern, the lower trendline comes in around 37.25.
That's how this market goes, Steve and I have been saying, when you come off a bottom, it's always choppy and things are subject to false starts. That's why when playing bottoming patterns, I always take some off the table on an initial move.
Thanks for the update
Posted by robbie on 14th of Aug 2008 at 11:11 am
Thanks for the update