The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum. We have attained 889 tics so far. The decent below 1629-31 projects this downward 100 tics minimum, 180 tics (+) maximum based off an ‘ok formed’ pattern. We have attained 108 tics of this so far. If we break back above decently, look for decent short covering to come in (likely for 100 tics (+)). This will come in at 1640-42 today. 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.
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