tigo2020
Long

I remain bullish Natural Gas to 5.10 (or higher)

FX:NGAS   Natural Gas (Henry Hub)
Winter months are here. The East Coast of the US is experiencing low temperature and snow. Demand for Natural Gas             usually increases in the winter months.
The price of Natural Gas             has been climbing since late October and will probably keep rising throughout the winter months.
I remain bullish NGAS to 5.10 which is the 61.8% Fib extension from the up move and it lines up perfectly with a missed monthly pivot from march of 2014.
A break above the 100% fib is a good sign for trend resumption.
I like buying on dips.
I think UGAS would go down for the short term in next week, but in monthly view, it is still healthy.
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