Natural gas has caught a nice bid the past two sessions, as the UNG ETF surged over $25.
In particular, I am keying off the hourly chart, below, to see if the move over $25.20 sticks. I have been observing that exact print as a significant one for a while now.
UGAZ is my preferred levered long way of playing natty.
Overall, natural gas has been consolidating the rally from earlier this year. Watch this $25-$25.20 area.
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