Here is the UNG again. Price ran up to the 12.10 price resistance as the chart pattern suggested it would. But that 12.10 is also important price resistance that needs to be crossed AND held. Friday couldn't hold above this price resistance point. And as we can see price has also tagged the "BOOGEYMAN" once again. And we know what happens when price meets the BOOGEMAN when he is above rather than below price. Price must clear and hold above 12.10 just for starters and then deal with 12.75 resistence next. Lots of resistance for this market to work through. With the 200ema above the 50ema this is still a bear market but with the 200ema falling and the 50ema flattening out and this market base building this gap is narrowing and at some point the 50ema will cross above the 200ema and flatten it out and turn this bear into a bull. That is what base building is all about. But until then the rallies are questionable and it will be like swimming through bubble gum to get anywhere on the upside. I don't mean to piss on your parade and don't disagree with your trade at all but did think I'd post another 'short term' view on this market for one more observation if nothing else. I've also read about a lot of major companies switching to NG for energy use which is a major and permanent switch over. Including vehicles, businesses and factories. So the fundamentals are seeing the financial rewards for such extreme differences between expensive Crude products and dirt cheap NG products with lots of local supply available. But perception is reality and the market has not recognized this 'switch' as yet. Good luck with your trade.