Replies to post #477 on Sector Investing

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EP, GAS, KMI, NBL, NFG, NI, WMB - 6 Month Charts - Components of the Natural Gas Index:








http://finance.yahoo.com/q?s=@^xng&d=t

Natural gas run out of fuel in July and XNG is unable to find any sort of support. Look for the trend to continue because momentum indicators are pointing lower still.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

I am not so sure about this particular take on the XNG. I think the index looks like it could be fairly close to a bottom with its RSI at 30 and potential support likely to show up quite soon.

We will just have to wait a little while to find out for sure.

RtS