NATURAL GAS POISED FOR LOWER TRADE 4/27/20
The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum.We attained 889 tics so far.This is OFF HOLD.The solid penetration below 1958 warns of renewed pressure likely back down toward 1650 (-).Decent trade above 2097 will project this upward 220 minimum, 450 (+) maximum based off a well-formed formation; but if we break above here decently and back below decently, look for decent pressure to come in. A maintained gap lower today will also leave a short-term bearish reversal above that will warn of decent pressure, likely for days.
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.