Thursday, May 22, 2014

C leg of wave 4 flat… are we fi

Natural gas has hit my target of 437.0 this afternoon and slid to just under 435.50 as of this writing.  While it is possible to move back to the low around 429.3 we must not go/penetrate the 4286 price as this would negate the wave 4 flat formation scenario and take the extended 5th wave off the table. 

If this does happen to play out this way a wave 2 of wave 3 will be in the cards…


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