18Mar11:43 amEST
The 30-minute chart, presented below, for the UNG ETF for natural gas shows the $14.53 level as being important resistance above for bulls to crack.
If they do crack it, I have UGAZ on my radar for at least a day-trade long idea.
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
