natural gas : 309.60
trade set up :
1. buy above 318
2. keep stop loss as 292 on closing basis
3. targets 333/359+++
technical buy set up:
1. rounding bottom pattern
2. resistance breakout
3. multiple time frame analysis
4. volume
note :
this commodity index is on the verge of multiyear price breakout .
month on month volume built up is huge too.
inside the pattern it has done a trend line breakout at 290 price level with huge volume.
good bullish structure formation seen near breakout price watch out...