American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Stock

DP Trading Room: Natural Gas (UNG) Bearish Again?

by admin June 18, 2024
June 18, 2024
DP Trading Room: Natural Gas (UNG) Bearish Again?

Carl and Erin return to the trading room showing you the charts you need to see to start your week!

Carl covered the market trends and condition to start the program. He also covers Bitcoin, Dollar, Gold, Silver, Gold Miners, Bonds, Yields and Crude Oil.

Carl also gave us a read on the Magnificent Seven in both the short and intermediate terms as he covered weekly charts today as well as daily charts.

Carl and Erin discuss the new bearish double top that is making itself known on Natural Gas (UNG).

Erin gives us a read on Sector Rotation noting today’s strong rally in Consumer Staples (XLP). She looked at Real Estate (XLRE) which could find favor in a lower interest rate environment and she looks at the tepid participation in the Technology (XLK) sector.

They finish the program with symbol requests where they review not only daily charts, but weekly charts too!

01:15 DecisionPoint Signal Tables

04:28 Market Overview

14:23 Magnificent Seven

21:53 Natural Gas (UNG)

25:30 Sector Rotation

42:13 Symbol Requests


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 at checkout!


Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


(c) Copyright 2024 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


previous post
Prepare NOW For A Potentially Huge Storm Ahead
next post
EQUITIES HIT ALL TIME HIGHS AGAIN WITH TECHNOLOGY IN THE DRIVING SEAT

You may also like

How to Avoid Huge Drawdowns from High-Flying Stocks

January 27, 2024

Small-caps Break Out and Lead – Now What?

July 19, 2024

Wyckoff at Work in the Intraday Timeframe

June 4, 2024

Five Ways You Should Use ChartLists Starting Today!

November 28, 2024

The Best Five Sectors, #10

March 11, 2025

The SCTR Report: Dell Is Gaining Strength. Here’s...

August 16, 2024

Which Top AI Semiconductor Stocks are Positioned for...

January 8, 2025

New Dow Theory CONFIRMS BULL Phase!

February 29, 2024

Week Ahead: What Should You Do As Nifty...

April 19, 2025

Visualizing the Market Factors Panel on RRG

February 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

      July 7, 2025
    • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

      July 7, 2025
    • Israel hammers Houthis with airstrikes, rebels respond amid Red Sea flare-up

      July 7, 2025
    • Is a Chinese chain’s blood orange cold brew the future of coffee in America?

      July 7, 2025
    • Democrats project doom and gloom, not celebration, with July 4 messages

      July 6, 2025

    Archives

    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved