Sunday, January 4, 2015

Natural gas… is this w2 over?

Natural gas has currently held the .786 price level for a possible deep wave 2… if this is the case a wave 3 should take over to the upside with a target of the 10-11 range in a 5 wave sequence,and will give plenty of opportunities to buy.  
******Not to mention an extreme long position in the commercials as seen below could turn this market at any time…
Good trading
CK


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