nick.holland78

UNG - 1hr

Short
AMEX:RSX   None
0
I'd allow for one more push higher to UNG 16.33/.48. This region sets up a potential short opportunity to sub 10.00. Probabilities increase one a pull-back below 14.47, followed by a 3-wave bounce holding below the 61.8% retrace of the presumed coming high.
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