Natural Gas Futures
Long
Updated

Nat Gas getting ready for a much larger move

1024
haven't updated nat gas for a while, because it's been consolidating heavily for most of the summer. Looks like it is ready to break out soon. Holding 3 dollars is key for a much larger upmove to 3.70 and maybe mid 4s. RSI certainly has plenty of room to run and with Nat gas, and it may outperform even past 5.
Note
close up view of consolidation snapshot
Note
UNG - Monthly hidden bull divergences snapshot
Note
NG futures looking strong, watch for breakout. snapshot
Note
a large gap up today on NG - see if it can run out of this area. snapshot
Note
weekly chart looking constructive. any pullbacks are probably bought snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.