Natty Pops

Need to crack $4.80 to violate the topping pattern up top. So far so good though, it has been a great trade already. I have no direct exposure, but do have calls on SWN (a lot) and CTRA.

Energy Breakout

I'm still on the fence macrowise, but the chart says breakout. So, what do I do? Go back to the Taco. I feel more confident with natural gas because it has a history of bear market outperformance. I picked up 40 delta March calls at the $5 strike. Other natural gas charts to check out and consider are AR, RRC, OVV and CTRA, all in the U.S. I did buy a few calls on CTRA as well, but not a meaningful position.