United States Natural Gas Fund L.P. (UNG) | 17-Jan-2012

Let us see the technical chart of United States Natural Gas Fund L.P. (UNG) using Ichimoku Kinko Hyo indicator.

 

https://investmentkit.com/media/posts/3985/17-2012Jan-United%20States%20Natural%20Gas%20Fund%20L_P_-800x600.png

 

As seen in the chart, the price is trading below kumo from the last many days. So, it is in bearish mode. Do not hurry to buy even at these levels as there is no signal of positive in the chart yet. 8.6 is the major resistance on the upside but there is no major support level on the downside. Free fall is here.

 

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