juicyjeff420

UNG support on the RSI daily, plus divergence spotted

做多
AMEX:UNG   United States Natural Gas Fund LP
ung
I don't use divergence much but it's here for you to see. So there's positive divergence, but what's more important is that back in late 2015 the RSI daily down trend was broken. That spot where it was broken became support, so I drew a horizontal line at support. It's reaching this support line for the first time.
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