click on chart to enlarge
There is the 5.29 Jan high and the spot mo. 5.35 high, just overhead. Additionally it appears that NG could be close to completing a first leg up , as labeled above. The .236 retrace of 15.76 to 2.40 is at 5.57.
In other words pretty good chance of at least a consolidation somewhere in the next 15 to 35 cents.
Keep in mind however the potential for additional legs to carry through that resistance at some point.
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