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Fomenka
May 28, 2023 8:38 PM

Natgas Update 

Natural GasOANDA

Description

The local correction for natural gas appears to be over, and it will now move through the uptrend. Given that the previous wave marked as (i) was not an impulse, I envisage further struggles to shape a diagonal. Timing is notional; the diagonal can be shorter or longer, and price levels can be quite different. I will be looking for price to shape wxy zigzags up and down to confirm the outlook.
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