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For the NG to produce further legs up in this structure, it should really hold either the .618 retrace at 4.73 ( also c=.618 of a) or the .76 retrace, at 4.61 ( c=a) .
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
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