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Great chart! I did not realize there was such a gap between the ETF and the actual movement of UNG. I am going to try a small position on the UNG based on a NAV value of 8.26 as of yesterdays close. So I will try a small short.
I haven't paid much attention to the market the past week or so. Looks like I missed the bottom in UNG. It has rallied pretty strong this week. Oh well, it was not a position I felt I had enough convition in.
Great chart! I did not realize there was such a gap between the ETF and the actual movement of UNG. I am going to try a small position on the UNG based on a NAV value of 8.26 as of yesterdays close. So I will try a small short.
ReplyDeletePlease do! I need a massive short squeeze short-term reversal. I hope the bulls have set those bear traps in key positions. ;-)
ReplyDeleteI haven't paid much attention to the market the past week or so. Looks like I missed the bottom in UNG. It has rallied pretty strong this week. Oh well, it was not a position I felt I had enough convition in.
ReplyDelete