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Natural Gas in Consolidation Within Bullishness 7/29/20


On a higher time frame basis:The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum.We attained 893 tics so far, rolled into (U).The decent failure back below 2267 has brought in 750 tics of pressure, rolled into (U).These are ON HOLD.


On a lower time frame basis:The decent trade above 1748 has brought in 123 tics of strength above. However, I warned this was in a lower time frame bearish correction against the move up from 1646 before (if) resuming higher trade.We held exhaustion below at 1771-58 with a 1767 low and likely started a new bull structure.Decent trade above 1864-65 should bring in continued higher trade; but if we break above here decently and back below decently, look for decent pressure to come in.


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. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.

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