Just checking in on the T2 Commodities model and ...surprise!...UNG is still leading the pack in momentum ranking. Taking an under the cover look at the data actually shows UNG has been #1 since Feb 26th...quite a run.
Last week I suggested it might be time to scale back on any UNG positions due to the down slope character of the RSQ on the 6 month UNG chart. That's still the situation as of today's update.
The results below reflect a top 2 sort.
The top 1 sort is a barn burning, with considerably more risk, of course.