/NG (natural gas futures or UNG, nat gas ETF) has hit the first price target (T1). At this time, a favor little to no reaction off this initial tag of T1, favoring a continued move down to the next price target(s). I’ve also added an additional target (T4) around the 3.25 support level. Previous & updated 120-minute charts of /NG followed by the previous & updated charts of UNG below.
NG 120m May 12th
NG 120m May 14th
UNG 60m May 12th
UNG 60m May 14th