If price can build on, or at least hold, yesterday's gains and close the week above the March high ($4.55), then a breakout on the weekly chart will appear to be in place, with the 16 month downtrendline back to the January 2010 high of $6.08 (not drawn here-get out yer rulers ) finally giving way as well. The January 2011 highs ($4.75-4.83) then becomes the next resistance level for NG to challenge.
So far so good early this morning with the June futures having moved above $4.60 already...