UNG up +4%

UNG has a nice move up this morning and we still are waiting for a large volume spike to move to stage 2 mark up. However from the looks of things, I'd think the most probable outcome would be a pullback to fill this morning's gap.

 UNG daily has a gap today and a long upper wick indicating resistance in roughly the same area as July highs. Volume has not yet built in.

 UNG 60 min chart today also shows the long upper wick which is higher prices hitting resistance/profit taking, this is a bearish reversal candle and on volume so a gap fill or a move toward one seems likely.

 2 min chart is in line.

 10 min chart is in line.

The 15 min chart though is lagging and this is where we need to see some improvement, a gp fill could help that situation.