Natural gas popped higher in recent trading sessions, as risk appetite returned to the financial markets. However price still seems inclined for a pullback to nearby support zones before gaining traction on its climb. The 38.2% Fib is nearby at $3.096 near a major psychological mark, then the 50% level is at $3.014, also near a major psychological level. The 61.8% Fib is closest to the trend line at $2.932. If any of the Fibonacci levels hold as support, natural gas could resume the climb to the latest highs at $3.363. The line in the sand for a correction might be the 100 SMA dynamic support near the $2.800 mark, as ... (full story)