A couple of weeks ago, we saw that United States Natural Gas Fund (UNG) was at a support area, and looked "cheap" relative to historic prices. UNG has indeed bounced up but might face resistance if it pushes to 7.UNG Daily Chart(click to enlarge)Resistance Ahead:- First of all, price action has been basically bearish in 2017, sliding from just above 9.50 to almost 6.00. - We can argue that the decline flattened a bit, but there is at least no bullish price action yet.- Because there is no bullish action yet, we should respect the upcoming resistance at 7.00.- Note the 100-day simple moving average (SMA) and a common resistance around 7.00.- Meanwhile, the RSI will be around 60, and if the market is to maintain the bearish momentum, it would likely turn down from around 60.