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More to come on the downside, following the 1st 5 down. A corrective 2 wave can retrace deeply, so .618 would be no big surprise, though it feels like it gives us a flat shallow 2.
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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