UNG is bullish due to seasonal demand and data centers; targets $3.15 then $3.24.
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Uh, next up, Nat Gas. Guys, beautiful push here on Nat Gas. This is a great example of what I've highlighted earlier on the charts of gold, the charts of silver, how we didn't get an extended confirming close underneath a key support level like what happened on NAC gas back here on September 9th.
I was anticipating a a a potential either confirmation move to the uh downside, but you guys have watched this show long enough. You saw I knew that Nat Gas is more bullish in this scenario, particularly moving into the colder months and with its uh demand with data centers.
So, you can see I anticipated a bounce that closed was what the Widowmaker does in that gas. It confuses and whips traders in and out of positions, but we followed it up pushing up higher today, testing the high range from the most recent pivots.
Very nice recovery on NAC gas. I anticipate the next stop on NAC gas up here in this low range of the consolidation right around $3.15 and final destination up here at $324.
What this channel has said about $UNG
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