The current setup of Natural gaz makes me wonder if we're not reaching the end point of a consolidation triangle.
We may have reached the ABCDE pattern's ending and so the prices should then get back to the upside searching for a B>C bull wave before going back down.
I just bought it agressively, waiting for price confirmation to trigger leveraged...
NGAS has been rampaging this year to new highs as demand for Natural Gas and its applications has made a sought commodity. With the long term monthly trend line broken, await for a close above this and with a break of the 3.5 mark to signal that more moves up head are forthcoming.
Keep you eyes peeled for a break, let it retrace and then enter longs for a long long time!