UNG – U.S. Natural Gas Fund (Last: 11.49)

UNG’s collapse yesterday brought it to within 11 cents of an 11.31 Hidden Pivot target that I flagged during the webinar demo.  I offer the target to all who have been picking bottoms the whole way down, encouraged perhaps by the very bullish outlook espoused a while back by Karim. The risk of bottom-fishing is arithmetically lower now, but surely there are more-opportune vehicles to trade? _______ UPDATE: UNG has bounced sharply this morning off an 11.30 low that lay just one tick from our target. If you bought the bottom, you’re on you’re on now.