The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum. We have attained 800 tics so far.I said Friday morning that a maintained gap lower would leave a short-term bearish reversal above that will likely drive this down toward 1645 (-)—we have seen 151 tics of this so far, taking out 1645 on Globex. Trade back above 1642 will warn of short covering. 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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