LastBattle
Long

Natural gas or oil provides more return in this recovery?

UNG/USO  
UNG/USO  
One of the great feature I like with TradingView is the ability to compare different ticker via arithmetic addition/division/subtraction.
From here, I'm comparing between UNG             and USO . Since both are directly related to energy, tough choice huh?
Charting it out helps a lot and we can see a clear breakout trend between the ratios!

Clearly Natural Gas             ( UNG             ) might possibility provide the best return for your money on energy as compared to Oil             ( USO ) over the long run.

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** Note: USO have been severely under performing since 2008 after the recovery of oil             price due to the price difference between each month's oil             futures contract. It will not be a clear reflection of the actual market.

This is only if you're considering between USO or UNG             . Try it out by charting other ETF/ETNs/stocks by yourself!
great stuff!
+1 Reply
ChimbOt PRO SPYderCrusher
2 years ago
B2B tells us a dip is starting !
Reply
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