Apr Natty Gas


This is only a Yellow Flag warning. This contract has worked its way right into the center of the support convergence; MOB, Elliott, Gann etc. Normally what occurs in cases like this is that bullish news hits the market. Such news will only give us a wave 4 rally. That should extend only to about +-4.80.  On the May contract  4.90

 

 

 

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