I remember November 2016
Aggiornato
should head below August lows
Nota
close up view natgasusdNota
below support box idea will have to be modified to include a top already in place Nota
so far so good Nota
going to take a bit longer after all Nota
odds are greatly increasing we break down here Nota
if we see a clear 5 waves down before a new high, then focus will shift to adding shorts on a retrace (see green alternative count) - this move could extend lower before retracing Nota
still expecting one more high Nota
still on track, tricky with inventory report today Nota
looking like a corrective drop so far, may be a good idea to hedge shorts or take profits Nota
still looks corrective, shorts may be wise to cover soon, i may switch long on next low, upside may be limited, above 2.9 the idea needs to be re-worked with a bottom theme Nota
its certainly bouncing hard from the area specified, will have to watch how the bounce takes shapes for further clues, shorts hopefully were closed were it was wise to do soNota
if anyone still short, i'd close here on todays dip, going to retrace much of the week higher
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