AMEX:UNG   United States Natural Gas Fund LP
0
Near-term outlook noted on chart. See previous ideas for more info.

Price opened right at the bottom of support today, and I'm giving swing longs a bit of room. Continued drop would be reason to stop out imo.

This drop doesn't much resemble a b-wave of (iv) with RH trading. The AH NG chart has more movement, but still not convinced. The purple I-ii, 1-2 count is barely hanging on. Need a strong bounce with follow-thru over alt (iv) to convince me it has real potential.
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