UNG - 30m

UNG has broken out over the 6.65 signal level. I'm out of shorts. Will watch for higher confidence entry on a new position. The prior bullish alternative path may be playing out, although the pattern is not yet mature enough to trade with high probability imo. Should price reach the 6.95 region (as indicated in wave i), then a long entry from this price region on a retrace could be traded long with stops in the 6.49/.29 range.