Friday, June 11, 2010

Nat Gas update: PXJ

PowerShares Dynamic Oil & Gas Services ETF
Thursday, June 3, 2 pm Eastern: 14.35
Friday, June 11, close: 15.37
Gain: +7.11%
Candlestick analysis: "Hold" on buy at 14.59, June 10 (American Bulls)
Summary: Lagging a bit and petering out here. A fifth straight day of gains came on declining volume again, but if the sector stays on fire, PXJ is looking up at 19.09 six-month high. 

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