AMEX:UNG   United States Natural Gas Fund LP
1
I'm already short, and plan on removing hedges on any retrace. The resistance box, as noted, is a candidate entry for new shorts, especially if a bounce into this resistance region is in 3-waves. Over 6.82, don't get caught holding short. Below 6.16, you've missed your chance at high-risk short entries, but the R/R may be in your favor for a late entry with better-defined stops.

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