/NG (natural gas futures) has hit the uptrend line price target with the odds for a reaction off this support level elevated. Consider booking profits and/or lowering stops if holding out for a break of the trendline & continued move down to the 3.743 or 3.573 support levels. Active traders could reverse to a long position (i.e.- cover the short & go long) with a stop somewhat below the 3.743 price support (which comes in just below the trendline) targeting a bounce back to at least the 3.944ish resistance or set a trailing stop & let the position run. Previous chart from July 3oth (with most updates on /NG in recent videos) followed by the updated 60-minute chart.
NG 60m July 30th
NG 60m Aug 18th