/NG (natural gas futures) has hit the 6.130 target where active traders might opt to book the quick 2-day, 11% gain. Previous (Tuesday’s) & updated 60-minute charts below.
NG 60m Dec 6th
NG 60m Dec 8th
Likewise, UNG (natural gas ETN) also offers an objective opp for active traders to book the quick 11%, 2-day profit here at the 18.65 target/resistance level on the daily time frame while swing traders holding out for any of the additional potential targets on this daily chart might consider raising stops to protect profits.
UNG daily 2 Dec 8th
On an unrelated note, /BRR (Bitcoin futures) broke out above this 15-minute downtrend line today on volume & appears poised for more upside, at least as long as the stock market continues to rally (although /NQ is starting to get close to that downtrend line target).
BRR 15m Dec 8th