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Natural gas - blocked at 61.8% retrace. Long caution
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Natural gas - blocked at 61.8% retrace. Long caution
By yossarian121
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Updated
Jul 22, 2022
2
Jul 21, 2022
Natgas had a 5 wave decline which has been followed by a sharp retracement. Got stopped at 61.8%
Longs should exit
Jul 22, 2022
Note
Short view negated by the strong rally today.
Closing view for now. Maybe look at closer to 78.6% retracement to try anything
Wave Analysis
yossarian121
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