Natural Gas ETF Buying Points to Bullish Accumulation
June 28, 2012 at 12:48 PM EDT
The largest natural gas ETF has pulled back the past couple sessions following a strong two-week rally. However, there is a bullish pattern of volume in the weekly chart of U.S. Natural Gas Fund (NYSEArca: UNG). Volume is a leading indicator and often precedes price action. Notice on the chart...