Natural gas- natural gas has breached the 429.6 level which was the main count projecting prices to move higher in a w5 extention. With the breach we can conclude that wave 1 of w3 has finished and now a possible shallow wave 2 in a zig zag. A clue of w3 of wave 3 will be a push over the 460 price. A close over the 200 day mvg avg at 431 today may convince me to add here.
Corn- opened lower this morning to my last target of 407.75 ( per last corn post and bounced… still holding longs as of now…
Sugar- ( will update with chart this afternoon.)
Apologize for the lack of charts this morning… will update individually this afternoon.
Good trading…
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