*Updated chart below 6/16/2012
|daily NG.. notice how the 'pinch' level has been regained|
The time to dip your feelers into a long was when NG broke the $2 level; though now we may be seeing prices pinch up out of a yearly downtrend at the 2.45 level. IF this break out holds say from 2.35 to 2.40 the 3+ level could not be far away.
|1 hour NG|