{video} The pullback in natural gas continues as it drops below yesterday’s low before finding support at 2.492, the low of the day. That was almost an exact hit of the target for the 127.2% Fibonacci extension of the falling ABCD pattern. It completed at 2.495. That level is also the low of a price range that includes the 55-Day EMA at 2.52, and the completion of a 50% retracement at 2.507. An intraday bounce triggered off that low with natural gas set to close above the 34-Day line. {chart} Today’s Low May be the Low for Now It is possible that today’s low completes the retracement but if not, the next lower target ... (full story)