MichaelBogoevski
Long

Nat Gas: Fib Levels in Play

FX:NGAS   Natural Gas (Henry Hub)
11 0 0
Nat             Gas market has been trending with a strong adherence to standard fib levels.

Sizing needs to smaller than other markets given the volatility/daily range of this market.

Current AB=CD (red) converges back at the ~3.10 level.

2.92 has been a major feature over the past 2 weeks.

A retest of 2.92 and break higher will see me increase current positioning.

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