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NATURAL GAS STILL BEARISH 5/13/20


The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum.We attained 889 tics so far.The decent failure back below 2094-97 has brought in 430 tics of the decent pressure warned about below.The decent break back below 2018-14 has brought in 350 tics of the pressure we are looking for below.The decent trade below 1966 (+1 tic per/hour) projects this downward 150 tics minimum.We have seen 302 tics of this so far.The decent trade below 1844 (+.3 of a tic per/hour) projects this downward 335 tics (+) based off a well-formed formation.We have seen 180 tics of this so far.If we break back above decently, look for decent short covering to come in—this will come in at 1858 (+.3 of a tic per/hour starting at 9:00am).


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.