A bit of time has gone by with the recent washout of NG so thought I'd mention it again as you asked. Price has run up to the 20ema typically like most markets do on a bounce back and stalled out. Price did not fall back much after the tag which was impressive even in a bear market. It has tagged the 20ema for 4 days in a row now with little retreat. Price now is poking its nose above the 20ema thinking of running perhaps to the 2.96 price resistance. As I said before price will likely try to base build in here. Key to it building a base is watch how it pulls back. The recent low at 2.29 must hold and if a base is being built that forms a major low, a higher low would be even better with a run above 2.96 after that. Then the downtrendline would be the major obstacle in the way to change the trend from down to at least sideways to up. Lots of work to do and so far only the 20ema has been tagged a few times. Just watch the pattern develop from here as what is needed to suggest something more bullish on the upside is a "W" pattern to develop.