Chart Request UNG

UNG is a trade I've been exited about for months, although I have felt that it will put in a larger base, which is better for the long run uptrend that WILL come. It's just been a matter of patience, just like with the big uptrend we caught in SRS. I updated UNG a day or two ago and thought it may be a candidate for  a head fake and it still may be, but long term, this s one of my favorite long plays and one that I believe will NOT be held back by typical correlations, so it may make for a good position just to break up correlated trades.

 The daly chart looks incredible and the descending wedge is very bullish and carries an implied target of at least $13 and maybe in to the low $20's, it's probably a good LONG TERM options play.

 Here's a leading positive divergence on the 30 min chart

 Here's a leading positive divergence on the 15 min chart

 Here's a leading positive divergence on the 10 min chart, but there's also a recent negative divergence, this could be part of the head fake as this pattern is so obvious to technical traders and has such a bullish bias.

 Here's a leading positive divergence on the 5 min chart

And here's my short term concern on the 1 min chart, a negative divergence, actually it's even leading. So short term I would at minimum place a trailing stop on this one, longer term it should be on everybody's watchlist/radar.