/NG has now hit the lower-end of my 2nd & final target zone with potential bullish divergence forming. As such a reversal here is likely & one might want to close the DGAZ trade in pre-market which has traded as high as 112.69 so far. The string of 60-minute charts below show how this trade has played out from inception (sell signal on the breakdown below the uptrend line) to completion (final target now hit).

Note: The previous charts above were the Oct futures contract which has since been rolled to the November contract with the support & resistance levels updated/slightly changed on the Nov charts. Click first chart to expand, then click on the right of each expanded chart to advance to the next chart.

Regarding the DGAZ official trade, the final target remains 112.89 for now and as the official entries & exits on the official trades are always in the regular trading session (9:30 am – 4 pm), I will post an update on DGAZ after the open today & may revised the final target once again to align it with the /NG futures contract which DGAZ tracks.