The /NG (natural gas futures or UNG, nat gas ETN) swing trade has hit* the final price target (intersecting downtrend line + 3.60ish price resistance) for a quick profit of up to 20% (from the April 24th entry at the recent lows/pivot). Consider booking profits or raising stops if holding out for additional gains. At this time, my preference is to book profits but not reverse the trade (to short), rather to wait for the next objective & high-probability setup in nat gas, long or short. Previous & updated 120-minute charts of /NG below followed by the previous (April 25th) and updated 60-minute charts of UNG.
(Note: the first chart below from April 24th was posted using the July contract so the price levels are different than the June contract).
NG-120m-April-24th
NG 120m April 25th
NG 120m May 2nd
UNG 60m April 25th
UNG 60m May 2nd
*It is always suggested to book profits slightly below the actual resistance levels/price targets on the charts in case the sellers step in early.