Keep an Eye on UNG

All we really need there is a volume spike to grab traders' attention and move UG from a stage 1 base to stage 2 mark up and UNG is in the right area again today on a +2.6% gain.

 UNG's longer term base -1 day chart

 A closer look at the move above what has been general resistance as well as a look at the exact area we called UNG a buy/add to as it hit a channel I had posted fro you as well as the pattern's support.

 The daily chart is in line and looking good.

 The 30 min chart is leading here.

And here's the positive divergence at the reversal mentioned above on a 5 min chart as 3C went positive at support.

This is one of our favorite long term long positions.