You can see that natgas broke that downtrend, just as I expected. Now, it is flirting with the neckline of an inverse head-and-shoulders pattern. If it moves above that successfully, the minimum target becomes $4.28.
The natural winners in this scenario are those companies that are leveraged to natural gas. Specifically, I would look for companies that have very poor economics below $3.50, and that make a profit above $4.25.
This chart is only through last night's close. Today, natgas is down slightly, at $3.69. You can wait for the breakout or not, depending on your stomach for risk and your appetite for reward.
Personally, I can't wait until my new publication starts next month. I'm itching to make new recommendations.
Just remember that success is never guaranteed. Do your own due diligence before buying anything.
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