Oil and Natural Gas

Natural Gas

Citi says, April 3, 2009

We should look for signs of a low staring late April, and the “coincidence of quartely and monthly readings approaching extreme levels strongly suggests taht a very significant low is going to form in this market during the second quarter.”

Oil

Citi says on April 3, 2009

Bubbles decline around 90%, so we are in a countertrend rally. Oil shouldn’t go far: the 23.6% or 38.2% fibonacci lines.

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