The UGAZ (3x long natural gas ETN) Active Swing Trade remains above the falling wedge/downtrend lines with the PPO signal line crossing now in bullish territory (above the zero line). 60-minute chart below.

UGAZ 60m Jan 13th

UGAZ 60m Jan 13th

Likewise, /NG (natural gas futures) is currently backtesting the 2.168 support/breakout level with price channel support just below, thereby offering another objective long entry or add-on to an existing position on UGAZ, /NG, or /QG with a stop somewhat below. 60-minute chart below.

NG 60m Jan 13th

NG 60m Jan 13th

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