The solid trade below 2410 projects this downward 400 tics minimum, 750 tics (+) maximum. We have attained 598 tics so far. The decent trade below 1882 (+.3 of a tic per/hour) warns of decent pressure, but this is based off an ‘ok formed’ pattern. We have seen 70 tics of this so far. If we break back above decently, look for decent short covering to come in. This will come in at 1897 (+.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 across the North American and European Energy spectrum. If you are interested please feel free to contact me.
Comments