/biz/ - Business & Finance

>>53206023
i swings natgas last december and made it out with a profit, but looking back, i think i got lucky. if you look at a natgas index ticker symbol GAZ, natgas in general doesn't look too hot. been in a bearish trend for a while

also a reminder to do your TA on an unleveraged index ETF like GAZ, XOP, OILK instead of just looking at leveraged ETFs whose numbers are much more distorted as a result of decay. don't get me wrong, index futures etfs are also affected by contango, but not as badly as leverages is the long story short