UNG does not track natural gas prices particularly well over
time(large degradation over time) so it's best viewed as a
shorter term trading instrument only. We prefer to show the
true action of the underlying commodity first and foremost but you
can surely take viable setups from the Natural Gas chart
(especially the future charts) and devise a strategy to trade UNG
or another ETF for shorter time frames
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UNG does not track natural
Here's the Weekend Newsletter, once again I'm combining the commodities ...
Posted by steve on 4th of Dec 2017 at 07:48 am
UNG does not track natural gas prices particularly well over time(large degradation over time) so it's best viewed as a shorter term trading instrument only. We prefer to show the true action of the underlying commodity first and foremost but you can surely take viable setups from the Natural Gas chart (especially the future charts) and devise a strategy to trade UNG or another ETF for shorter time frames