T trader60611 Sep 25, 2007 #1 Can someone explain to me why the NG continuous contract is up 12% and ETF UNG is down .30% today (9/25) at 9am Central time?
Can someone explain to me why the NG continuous contract is up 12% and ETF UNG is down .30% today (9/25) at 9am Central time?
R rubibond007 Sep 25, 2007 #2 Hi, Probably because there's a contango in tha natgas market right now. Those energy ETFs like USO and UNG tend to get out of sync when there's a contango.
Hi, Probably because there's a contango in tha natgas market right now. Those energy ETFs like USO and UNG tend to get out of sync when there's a contango.
