UNG - 15 min

Entering a strong confluence of fib resistance matching Elliott Wave targets for wave (iv). At least a corrective reaction from the 6.70/.83 region is expected. This is a good place to take profits on any longs, or at least hedge them. I'm adding shorts looking for a new all-time low, but if a move down appears corrective into alt (ii) support, I'll take those shorts off early.