Thursday, June 16, 2011

Natural Gas retraces .618

Right...did  I hear someone say a falling knife?
The natty has a Fib .618 retrace of the last leg up at the aft. lows of 4.423

 Active Mo. Daily
 click to enlarge
Thinking if its a 2 or b down ,  .618 is a decent candidate for a reversal.
Of course there is not a shred of evidence of that happening yet.

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