UNG (natural gas) will never go down....that's the likely conclusion a casual look at the momentum rankings might suggest. The model has been knocking the socks off the the SPY benchmark although a quick check of the charts reveal a volatile ride along the way.
UNG remains in a solid upswing, currently holding at levels last seen in late November 2012.
The #2 slot held by XLU has also been a consistent winner and continues to gain traction as it approaches highs last seen in 2008.
On the dismal side...look at the continuing rankings of GLD and SLV.
Click once on chart to clarify and enlarge.
