/NG (natural gas futures, or UNG) offers an objective long entry on this 60-minute chart minor trendline breakout & divergent low (plus extreme oversold readings on the weekly, as covered in today’s video). Certainly an aggressive, counter-trend trade with nat gas in a powerful larger downtrend but I wanted to get this one out today as I suspect the powers-that-be might want to gun natural gas overnight & into the open tomorrow to squeeze the shorts out of the nat gas ETNs with a big gap up. Maybe not but just passing along for those interested.
NG 60m Jan 26th