Natural Gas update

Well, DOW able to close above 200SMA, and some stocks start to close above 50SMA, that's a good sign. UNG perform has been stall a while. still bullish sentiment, untill it show weakness then i will sell off.



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Natural Gas

Time to going into summer doldrums, watch out for energy stock which been hammered down recently..

Cannot Make it

 

Cannot make it means cannot make it. With DOW and other benchmark trying hard to push up the market, few times kissing the 200SMA resistance and still cannot make it. With S&P500 hardly break thru 1100 level, plus Friday profit take, cum disappointed NFP and employment data, cum Hungary Sovereign debt default, cum Japan political unstable, North and south korea concern, US financial reform, Oil spill at Mexico gulf…. The market is shaky and nervous, expect June will continue May down momentum at least till 3^rd week. I am so happy to stay out cash, seeing DOW lose 1000 point during May and my account are safe.