Both /NG (natural gas futures) and UNG (natural gas ETF) remain trade setups, with a buy signal to come on a breakout above their 60-minute downtrend lines. Still an untriggered/potential trade but one of the more promising setups right now due to the oversold conditions on nat gas coupled with the positive (bullish) divergences & clean downtrend line which is likely to spark a rally when taken out. Updated 60-minute charts with revised price targets below.
/NG & UNG Price Targets Revised
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