It looks like he's looking at the short interest and the technicals. NG is looking good. The video is posted on Market Pulse today Check titled Contrarian Watch Stocks http://finance.yahoo.com/marketpulse/NG
Market Pulse has a good video post uploaded today called Post Trade Review. Interesting trade and although his is long term bullish he is trading around it as well leveraging the short term volatility. I will just sit long.