Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Natural Gas is Starting to Lift Now


Friday January 29th, 2016
Natural Gas is Starting to Lift Now
by Mike Paulenoff www.MPTrader.com

Although the spotlight in the energy complex is on Oil, rather than Natural Gas, the latter is starting to lift a bit towards a confrontation with very important resistance located between 2.44 and 2.62, which must be hurdled for Natural Gas to establish a significant multi-month bottom.

As long as the Jan 19 pullback low at 2.04 remains intact (7.63 UNG), I want to remain long United States Natural Gas (UNG).

Take Advantage Of Our Free
7-Day Trial, $7/Month Offer!
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!