crude-5-21-19-9-35-pm

Subscription: Micro Counts of Crude Oil & Nat Gas Crude – violated support again Crude invalidated another bullish setup dropping through support at 62.60. Moreover, it has made a sequence of lower lows. That is a strong bearish sign. All bullish bets are off at this moment. Crude oil – 30 min Read more…

NG-5-19-19-7-28-pm

Subscription: Micro Counts of Crude Oil & Nat Gas NG keeps alive my bearish setup. NG keeps alive my bearish setup. It needs to drop to a new lower low to complete a five wave fractal. Completion of another drop lower in wave v down would let me think about Read more…

NG-5-16-19-10-07-pm

Subscription: Micro Counts of Crude Oil & Nat Gas Natural Gas – nothing to update Natural Gas stands still without any move. The count is unchanged. Natural Gas – 120 min chart updated at 10:00 PM on 16 May 2019 Disclaimer Previous Updates:

NG-5-10-19-9-14-am

Subscription: Micro Counts of Crude Oil & Nat Gas Natural Gas – still holds two alternative bearish setups Not much has changed since the last update. It still works on the micro wave c of iv up.If the critical resistance at 2.773 holds it should plunge to new lows in Read more…

crude-5-9-19-11-30-am

Subscription: Micro Counts of Crude Oil & Nat Gas if you do not receive e-mail alerts please let me know castawaytrader@gmail.com Crude has not moved since the last update. Crude has not moved since the last update. It stands still. And as long as it holds over the previous low Read more…

NG-5-8-19-8-36-am

Subscription: Micro Counts of Crude Oil & Nat Gas NG should stay under resistance at 2.581 to keep the bearish setup alive it has been declining off the top of the corrective wave iv up in wave a of v. That wave a of v has a clean textbook impulsive Read more…

NG-5-7-19-9-30-am

Subscription: Micro Counts of Crude Oil & Nat Gas NG keeps following the bearish count it has been declining off the top of the corrective wave iv up in wave a of v. That wave a of v has a clean textbook impulsive structure. It should retest the previous low Read more…

crude-5-6-19-9-15-am

Subscription: Micro Counts of Crude Oil & Nat Gas if you do not receive e-mail alerts please let me know castawaytrader @gmail.com A corrective wave ( iv ) down looks completed In my previous update I said that we the whole corrective wave ( iv ) down may be complete:“Crude Read more…

NG-5-6-19-8-45-am

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 Read more…

crude-5-5-19-7-45-pm

Subscription: Micro Counts of Crude Oil & Nat Gas if you do not receive e-mail alerts please let me know castawaytrader @gmail.com Crude got that expected push down to complete subwave ( c ) of wave ( iv ) down In my previous update I said that we should get Read more…

crude-5-3-19-10-09-am

Subscription: Micro Counts of Crude Oil & Nat Gas Crude holds potential for another drop to complete wave ( iv ) down Crude holds potential for another drop to complete wave ( iv ) down. Looking first at 90 min chart below you can see a clean corrective (a)-(b)-(c) down structure Read more…

NG-5-2-19-11-50-am

Subscription: Micro Counts of Crude Oil & Nat Gas NG – has held under the resistance and kept the bearish setup alive 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 Read more…

NG-5-1-19-11-50-pm

Subscription: Micro Counts of Crude Oil & Nat Gas NG – the rally stopped right under the critical resistance 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 Read more…

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

Subscription: Micro Counts of Crude Oil & Nat Gas NG – got closer to resistnace 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 Read more…

NG-4-30-19-7-15-pm

Subscription: Micro Counts of Crude Oil & Nat Gas NG – still holds bearish setup NG managed to make sightly higher high but that does not change my bearish count. First, because it still holds under important resistance at 2.625, the the top of wave b of iii. Second, because Read more…

NG-4-29-19-11-05-AM

Subscription: Micro Counts of Crude Oil & Nat Gas NG – has started the final micro wave v down In my previous update posted on Sunday evening I wrote: “NG has a very completed a-b-c corrective structure and may start decline in the final wave v down targeting a new Read more…

NG-4-28-19-9-56-PM

Subscription: Micro Counts of Crude Oil & Nat Gas NG – getting expected a pullback in a micro iv up In the Macro analysis posted on 23 April 2019 the most bullish scenario I could come up with was the one shown below. It implies that we are going to get a Read more…

CRUDE-4-25-19-2-43-PM

Subscription: Micro Counts of Crude Oil & Nat Gas Crude Oil – first sign of topping Instead of making another high crude has just strongly dropped under the previous low. It still can go higher and we can count that drop as part of correction before another push up. But Read more…

NG-4-25-19-12-00-pm

Subscription: Micro Counts of Crude Oil & Nat Gas NG – I still expect lower lows This time I try to reconstruct W-X-Y down structure that I first noticed in Tradingview. The problem is two data feeds I work with, the one provided by Tradestation and another one provided by Read more…

NG-4-23-19-11-53-PM

Subscription: Micro Counts of Crude Oil & Nat Gas NG – micro analysis In the Macro analysis posted on 23 April 2019 the most bullish scenario I could come up with was the one shown below. It implies that we are going to get a pullback in wave ( b ) up Read more…

CRUDE-4-24-19-11-00-AM

Subscription: Micro Counts of Crude Oil & Nat Gas Crude Oil – may extend to 67.15 There is not much is happening on Crude. Still expecting a little push higher to 223.6% ext at 67.15 Crude Oil – 45 min chart updated at 11:00 AM on 4/24/2019 Previous Updates:

NG-4-24-19-9-40-am

Subscription: Micro Counts of Crude Oil & Nat Gas Natural Gas -no bottom in sight In the previous update posted yesterday I noted that NG may be declining in a corrective W-X-Y structure off the November 2018 top.Again we have two options here:the first is that we are still working Read more…

CRUDE-4-24-19-12-19-AM

Subscription: Micro Counts of Crude Oil & Nat Gas Crude Oil – may extend to 67.15 Crude has arrived into the Red Target Box. And $DWT, an ETF that provides daily 3x inverse exposure to an index of front month WTI crude oil futures , dropped under 5.00. Crude may stretch to Read more…

NG-4-23-19-1-23-PM

Subscription: Micro Counts of Crude Oil & Nat Gas NG – macro analysis I want to re-approach NG from scratch. Let’s start from a big picture, a weekly chart. We have got A-B-C structure off the Feb 2016 lows. We have two macro scenarios. One scenario is bullish. Under the Read more…

CRUDE-4-17-19-11-30-PM

Subscription: Micro Counts of Crude Oil & Nat Gas Crude Oil – still keeps both scenarios at the table In the previous report posted this morning I outlined two scenarios: “The first scenario is that the previous pullback structured as (a)-(b)-(c) was a completed wave ( iv ) down ( the blue Read more…

NG-4-17-19-12-08-PM

Subscription: Micro Counts of Crude Oil & Nat Gas Natural Gas – arrived into the Green Target Box BUT the structure is incomplete This is a perfect example why a completed structure means more than price levels. Natural Gas is a very tough instrument when it comes to nailing a Read more…