I noticed UNG yesterday browsing charts....see below. I struggle a little with the sector. Not sure whether to group it into energy or clean energy, etc. The XLE looks like it could be entering stage 3, but a quick check of clean or alternative energy ETF's shows almost all strong stage 2 charts. Within those ETF"s however I see wind and solar and not so much natural gas.
(2014-02-19, 02:44 PM)isatrader Wrote: PES made a Stage 2A breakout last week, and is attempting to clear last years highs. Attached is the charts
I just realized this is another one from energy so am going to see what the rest of this group looks like