Natural gas: is long-expected bottom in place?

Natural gas: these charts are to give a broader perspective - IF this is the bottom then we are facing much higher targets and plenty of possible long entries.

Pullback in micro circled ii may start tomorrow or even overnight - so small short hedge could make sense. I would not heavily short NG here.

BaseCase - NGc1 - Primary D - Feb-12 1509 PM (1 day)
BaseCase - NGc1 - Primary D - Feb-12 1509 PM (1 day)
BaseCase - NGH20 - Primary Micro - Feb-12 1508 PM (1 hour)
BaseCase - NGH20 - Primary Micro - Feb-12 1508 PM (1 hour)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.