Last week Steve posted an   Natgas Article in WSJ  about "Hedge funds and other money managers have built up the largest bet in more than a decade that natural-gas prices will fall".

The  chart/s below suggests that a complex correction is occurring in Natgas with lower prices to come. See 4 Hr and monthly Twitter chart below.

Twitter (primary source/s acknowledged)  suggest that coffee is also in a similar pattern with lower prices to come. One has to trade the break when it occurs...

UNG has spiked higher yesterday & in  pre-market, probably resulting in more break away gap/s. Looks like a short squeeze is occurring so that median line may well be tested sooner rather than later...

Daily link < http://schrts.co/JjaDmsuQ> with 60 minute chart below

Last night was a good opportunity to top up on the retrace (thanks Steve). 

Price action can be expected to test the median line (probably achieving 2.7) if not higher on this swing.

Daily chart below with 60m link also:   http://schrts.co/WWTuTvJz  

Looks like UNG swinging higher now!

http://schrts.co/BKzVkEYG

https://c.stockcharts.com/c-sc/sc?s=UNG&p=120&yr=0&mn=3&dy=21&i=t5380639566c&a=692641087&r=1571233474701

Yes Steve UNG Futures look to be following through the recent break.

Nice RSI divergence on the daily and 4 Hr chart displays nice MACD divergence with +ve DMI shown below:

That long legged doji off support looks attractive IMO!

120 minute chart attached

Well if gas is going to bounce then it can be expected to do it around here IMO. Looking for a trigger- Daily chart  and 120 min detail attached below

After breaking out (early September -  thanks mla127), it looks like the UNGretrace is completing so expecting another impulse move higher. 

Have attached below "Roger's"  daily chart with 120 min detail which indicates symmetry on this recent corrective move.

Looks like WTIC is  loosing  support ATM

Reuters Commodities: Oil drops 2% as trade war rumbles on and output swells https://reut.rs/2ZwnKUd 

Matt & Steve

Appreciate your feedback!

PA looks to be bouncing off that " very important area".

Answer: I think you can see why I was not confident in your IHS scenario. See my reply yesterday.

Looks like a sloppy IH&S on the SPX 30 min chart - am already long & will top up on neckline break..

30 min chart:

Short squeeze overnight but looks to be headed lower upon open

Looks like the rallies are being sold into - would not be surprised if more distribution occurred below 2100 

Nice bounce in price over weekend.

Looks like a short squeeze is possible - will add if the N.L. is breached

SPX 15 min Price action looks close to a bounce

Wowten - The content of the Zero Hedge story may well be true, but I note divergence on the MACD which may just ply out!