Subscription: Micro Counts of Crude Oil & Nat Gas
NG - keeps moving along the bearish path
I can only repeat what I wrote last time:
“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 in wave ( v ) down before a bigger bounce up.”
The minimum target for wave v down is 2.421 but it can stretch lower. To make me interested in catching this falling knife need a completed a-b-c down to a new lower low off the top of that corrective wave iv up.