I remember November 2016

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

Penafian