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ryan-snk
May 24, 2020 11:14 PM

NG fibanazi 

Henry Hub Natural Gas FuturesNYMEX

Description

Algos seem to like these fib extension levels (from the first impulsive move down on Thanksgiving 2019). With that in mind, I'm suspicious there could be a move down take out where I'm sure are an abundance of stop losses are at the lows. Looking for a slight dip below the 1.48 fib level before a powerful reversal.
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