Following the recent breakout & successful backtest of the downtrend line (bullish) and divergent low, /NG (natural gas futures) is likely to run on a solid break above the 2.37 minor resistance. Previous (Oct 17th) & updated 120-minute charts below followed by the previous & updated 60-minute charts of UNG (nat gas ETN), which also recently triggered a buy signal on the breakout above its comparable downtrend line.
NG 120m Oct 17th
NG 120m Oct 22nd
UNG 60m Oct 17th
UNG 60m Oct 22nd