We can see nat gas is clearly overpriced sitting in supply zone! Leave your comment's below!
The TD Sequential currently has a Green 2 above a Green 1 on the daily time frame.
In addition to this Elliot is looking for the last up move of an impulse wave to complete the five count.
We just had a full moon now we're heading in towards a new moon... smile
The Moving Ave are bullish on the weekly on the daily only the short term is turning down the others are still angled upwards Bullish / (Short term Flat to Bearish).
@Hope4Today9, If you think this is going higher you must live in fantasy land lol, if I'm wrong ill eat my words
TradeWithTyler TradeWithTyler
@TradeWithTyler, So far im wrong today, but we will never go higher than $5 in my opinion. Fair value right now is $3.90. We shall see what happens!
Hope4Today9 TradeWithTyler
@TradeWithTyler, I'm not in this trade … However there looks to be an (bullish) ascending triangle forming. Today should have been a pull back (well in this case a pull up) on a five count just turned out to be strong enough to flip the price. 4.658 how long will that hold out for? it will go down tomorrow … just not way down phase 3 line could hold it.
Hope4Today9 TradeWithTyler
@TradeWithTyler, I see an ascending triangle forming. Tomorrow it will go down... to the phase 3 line (4.257). How many times can it hit 4.654 before it breaks though,
How many licks does it take??
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