Long on the long run

NGAS didn't have a great summer, but the fundamental supports the continuation of the upside momentum.
I expect the chart will "breath" a little bit before the rally will continue, so today (15/8) we might see some profit taking but tomorrow the rally will continue.

Commentaire:

Anytime I analyze Natural Gas I do it on both NATGAS OANDA and Henry Hub charts.

I want to see the chart touches the EMA 21 before any upside continuation, but definitely don't want to see it close at the end of the day below the trend-line.