Live Stream: "Natural Gas: Elliott Wave Weekly Analysis", 11 April 2020

This is a recording of the third part of the Live Stream I made at 9.30 PM EST on Saturday, April, 11, 2020.

In this video I share a long term count that shows a complete Five Wave down structure in Natural Gas. That drop started in early 2000s and might finally bottomed in March 2020.

Because that decline had an impulsive structure we can expect a macro corrective (A)-(B)-(C) up structure off the low. We should not forget that it move down took almost 20 years. Therefore, that large corrective (A)-(B)-(C) move up may take several years. Moreover, we may expect the low to get retested after completion of the current rally which I count as the very first micro subwave ( a ) up.

Watch New Video:

Trading is risky. Read this important Disclaimer

Trading stocks, options, or futures carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. CastAway Trader LLC provides general overview of trading methods that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.

Previous posts:

No posts found.

© 2019 Cast Away Trader. All Rights reserved.