NATURAL GAS for 3/27/20
Updated: Apr 3
The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum.We have attained 891 tics so far.This has been on hold since 3/23. The trade above 1594 has brought in 188 tics of the short covering warned about, into the likely start of a bullish correction/trend against the move down from 2044.The decent trade above 1689 (-1.6 tics per/hour) projects this upward 80 tics minimum, 120 tics (+) maximum. We have seen 93 tics of the projection so far.The line comes in at 1568 (-1.6 tics per/hour starting at 9:00am). On the day this is not coming in strong. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. If you are interested, please feel free to reach out.