Oil was strong on Tuesday with the US Oil Fund (USO) gaining over 1.5%. Combined with gains in the US Natural Gas Fund (UNG), tbe US Gasoline Fund (UGA) and Heating Oil (UHN), the energy complex is showing strength across the board. The image below comes from the Market Summary page, which is updated throughout the trading day.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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