U.S. Dollar, Natural Gas ETFs – UUP, UNG, Cash

By Chris Vermeulen of The Technical Traders

Technical Trader, Market Forecaster, and Author • May 3, 2022 at 3:00 PM EDT

We are very close to the market flipping into a bear market. At that point, it is a game-changer and trading strategies must change.

Image Source: Pixabay

In today’s trader tip video, Chris talks about the current stock market volatility, the US dollar ETF UUP, the natural gas ETF UNG, and his current cash position. In these volatile times, the best position to be in is cash. We closed out 7 winnings trades a few weeks ago and we are currently in cash, watching the market slide and test the lows.

Overall, we are very close to the market flipping into a bear market. At that point, it is a game-changer and trading strategies must change. Are you ready to catch the downward trends?

Video Length: 00:02:42

Disclosure:

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