I remember November 2016
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should head below August lows
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close up view natgasusdملاحظة
below support box idea will have to be modified to include a top already in place ملاحظة
so far so good ملاحظة
going to take a bit longer after all ملاحظة
odds are greatly increasing we break down here ملاحظة
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 ملاحظة
still expecting one more high ملاحظة
still on track, tricky with inventory report today ملاحظة
looking like a corrective drop so far, may be a good idea to hedge shorts or take profits ملاحظة
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 ملاحظة
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 soملاحظة
if anyone still short, i'd close here on todays dip, going to retrace much of the week higher
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