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| UNG May 6 2013 |
UNG is correcting after its run off the double bottom. Note that it is at the 38% Fib line, which, if that held, would be a shallow correction. Am watching it to see if it continues down to the more normal 50% correction Fib line. In any event, it is "on the watch list." This might also provide a hangout in case the broader market takes a breather from its massive run higher.
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