Not anymore. UNG has relieved my concern about getting overly frothy and gappy by turning down before manic over bought, where I would have sold. Gaps filled and now we continue what still looks like a grinding bottoming process.Speaking of grinding bottoms, I'll throw in the USO & GDX charts as well. This is difficult action that could ultimately provide a platform for a stronger rally once the laborious task of filling the gaps and washing out any enthusiasm is complete. I suspect this completion will come at about the same time the broad market and USD finish puffing out their plumage. If these patterns are busted by new lows or breaks of fledgling up trends, risk should be controlled as needed.
