Thoughts on Natural Gas ($NG) at current levels

Been watching Natural Gas, $NG, a bit closer today. We saw a nice move off the lows around $5.64 earlier, but the $6.00-$6.05 area seems to be presenting some resistance again, which isn't entirely surprising given the previous action up there. It feels like we're consolidating around $5.79 now, potentially forming a tighter range.

My take is that if we can clear and hold above $6.05, there's a good chance we could see a push towards higher levels. However, a failure to do so, especially if we break back down below $5.60, would invalidate that scenario for me and suggest we might retest the lower end of the recent range. Just my current read.