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Eye on Oil & Natural Gas


Wednesday March 28th, 2012
Eye on Oil & Natural Gas
by Mike Paulenoff www.MPTrader.com

Downward momentum may be becoming exhausted in natural gas and its related ETFS -- US Natural Gas Fund (UNG) and ProShares Ultra DJ UBS Natural Gas ETF (BOIL).

Meanwhile, oil prices and the US Oil Fund ETF (USO) have sold off hard but not enough to damage the overall bullish chart pattern.

See charts below . . .

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