natural gas has been very choppy as of late and it is looking like we are putting in a wave 2 expanded flat as labeled above in this 60 min intra day chart. this looks to be setting up as a textbook formation and as I watch this possible 3rd wave unfold i will need a push to the 409 level and then a bounce in a 4th wave followed by a decline somewhere in vicinity of 390 to 404. after complete we should see a reversal back to the high of 364 and breakout in a wave 3 to a first target of 540.
good trading
CK
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