NATURAL GAS for 2/5/20
The solid trade below 2410 projects this downward 400 tics minimum, 750 tics (+) maximum. We have attained 606 tics so far. This is now ON HOLD since we broke above the bullish formation mentioned below. The decent trade above 1843-47 (-.7 of a tic per/hour) warns of short covering for 40 tics minimum, 65 tics (+) maximum. We only attained 41 tics so far before rolling over. Decent trade back below should bring in renewed pressure and will take the bear calls from above OFF HOLD. This will come in at 1833-29 (-.7 of a tic per/hour starting at 9:00am). NOTE: this is just a small portion of the Natural Gas market calls and Energy complex calls I provide my clients twice daily. Decent penetrations are specific and provided as well. If you are interested, please feel free to reach out.