NG-5-1-19-9-20-am

NG keeps hanging right under the critical resistance of 2.626. As long as it stays under 2.626 I expect it to make another lower low before a bigger bounce. If it manages to make a higher high that would be a bullish sign and most likely mean a bigger pullback up has started. I would not chase it because that even the bigger pullback up will be a corrective wave B up.