Hey Ron,

Yup, pretend that NG is Silver and you'll clock this one just like you've done with yer fave in recent times. That IS the ticket, lol!

Good observations on current conditions...lots of gut-wrenching volatility and shaking out of nervous/tentative long positions here lately as the market slowly chops higher...distinctively bullish price action amidst a sea of negative sentiment and 'oversupplied' news flow...a healthy wall of worry for a preemie bull to climb for sure!

Here's the weekly chart for you. A move/close above the January and April highs (mid $4.70's) should result in a quick push into the resistance in the $5 area around last June/July's highs. Don't see that holding NG back for long...the $6.08 high that began 2010 is the main intermediate target...we might see that come more quickly than most could envision the way this market has set itself up.

Hope you have a great weekend too Ron. Cheers and best regards.