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Elliott Wave Analysis: Natural Gas Looks Bullish


It's been a while since I looked at Natural gas. But I see some nice price action now, so I decided to share it. There was a nice three wave decline from the high followed by an impulsive rally above the upper trendline of a corrective channel. That's a bullish pattern that is pointing back to 4.58. Any short-term retracement back to 4.210/250 should be corrective and temporary.

Natural Gas 4h Elliott Wave Analysis

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