The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum. We have attained 768 tics so far, but this is now ON HOLD. I noted there was an area of possible exhaustion for the move down from 2447 that came in at 1642-17, which has the potential to bring in another bullish correction. We held this with a 1642 low and have bounced 172 tics so far. Amaintained gap higher today will leave a short-term bullish reversal below and further suggest this is in a bullish correction or trend against the move down from 2447. 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.
top of page
bottom of page