NG market moved up this week after a 7 days sell off which pushed the market to the 50% FIB LVL from the all up movement started in mid November and to the 100 days MA. The upward movement starts to loss momentum close to the 50% small FIB LVL on the down movement. Still we don't have any confirmation for a potential short, and i expect the market to test the 3.5000 level which, from my point of view will act as a pivot point in the next weeks and i think there are pretty nice chances that the NG will consolidate around this level and retest the 3.3000 area.
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