OCT nat gas-
has come back to test a .618 fib level of the up move from the grind higher starting on 6-15-12. dipped a toe and Bought this morning @ 6.92 and 6.91. looks like we may try to close on the high for the day. This puts in a hammer candle doji and adds a little extra that the .618 level will hold. .786 level is 2. 75 These are the usual levels where a w2 retraces and then starts an upward w3. A break of 3.11 and 3.19 to the upside confirms the w3 set up and price targets are a full upward w3 @ 3.69.
Good trading
CK