After an ominous head & shoulders was confirmed on the daily a few weeks ago ($10 to $7.50) and the measured price target of $5 was hit, NG is still walking on thin ice as it will need trading above $7 to mark a higher high for a possible reversal momentum.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!