Why do these charts look so different? $NATGAS = Slight
Uptrend, UNG & BOIL = Sideways Flat Channel, FCG = Various
patterns (nothing definitive). I would imagine BOIL would
have some of its value dissolved daily with the leverage and
underlying options rolling over. But why would UNG, FCG, and
$NATGAS not look the same??
I like this definitive range bound channel on UNG, but do not
want to be Limited Partner and get a K-1, so was seeking the same
channel in ECG or BOIL.
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UNG vs FCG vs $NATGAS Why
Posted by Walt on 9th of Nov 2023 at 10:07 am
UNG vs FCG vs $NATGAS
Why do these charts look so different? $NATGAS = Slight Uptrend, UNG & BOIL = Sideways Flat Channel, FCG = Various patterns (nothing definitive). I would imagine BOIL would have some of its value dissolved daily with the leverage and underlying options rolling over. But why would UNG, FCG, and $NATGAS not look the same??
I like this definitive range bound channel on UNG, but do not want to be Limited Partner and get a K-1, so was seeking the same channel in ECG or BOIL.