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inthemoneystocks' Blog : UNG Remains Weak Despite Market Bounce

Date August 27, 2010    Comments Comments (0)    Rate this post Recommend This Post (32)   
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The U.S. Natural Gas ETF (UNG) is still very weak today trading lower by 0.12 cents to $6.33. The UNG will have short term support around the $6.30 level intraday. However, the daily chart still has a bearish pattern and the $6.00 level is now in the cards for the UNG.

see chart:http://www.inthemoneystocks.com/userfiles/image/ung%208_27_10.bmp
Tags : UNG  

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